Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
CRUDE OIL (E-MINI) Dec 2024 (NYMEX:QM.Z24)
Weak Downtrend (-65) - QM.Z24 is showing signs of a strengthening downtrend. Monitor QM.Z24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QM.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QM.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QM.Z24
The long-term trend has been UP since Oct 13th, 2021 at 61.075
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 63.000
The short-term trend has been DOWN since Nov 26th, 2021 at 63.000
Smart Scan Analysis for QM.Z24
Based on our trend formula, QM.Z24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).