Futopt Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
SOYBEAN OIL Jan 2022 5700 Put (CBOT:OZL.F22.5700P)
Long-Term Downtrend (-90) - OZL.F22.5700P is in a strong downtrend that is likely to continue. While OZL.F22.5700P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OZL.F22.5700P?
MarketClub looks at technical strength and momentum to determine if the timing is right for OZL.F22.5700P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OZL.F22.5700P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for OZL.F22.5700P
Based on our trend formula, OZL.F22.5700P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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