Futopt Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
SOYBEAN OIL Jan 2022 5900 Put (CBOT:OZL.F22.5900P)
Long-Term Downtrend (-90) - OZL.F22.5900P is in a strong downtrend that is likely to continue. While OZL.F22.5900P 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.F22.5900P?
MarketClub looks at technical strength and momentum to determine if the timing is right for OZL.F22.5900P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OZL.F22.5900P
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.F22.5900P
Based on our trend formula, OZL.F22.5900P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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