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Futopt Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

CRUDE OIL Jan 2022 5850 Put (NYMEX:LO.F22.5850P)

Long-Term Downtrend (-90) - LO.F22.5850P is in a strong downtrend that is likely to continue. While LO.F22.5850P 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 LO.F22.5850P?

MarketClub looks at technical strength and momentum to determine if the timing is right for LO.F22.5850P.

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NYMEX_LO.F22.5850P
Open High Low LO.F22.5850P Price Change
0.53 0.82 0.36 0.81 -0.54
Entry Signal

MarketClub’s Trade Triangles for LO.F22.5850P

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for LO.F22.5850P

Based on our trend formula, LO.F22.5850P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LO.F22.5850P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53 0.82 0.36 0.81 -0.54
Prev. Close Volume Bid Ask Time
1.19 285 2021-11-29 14:40:38
Strike Price58.5Expiration2021-12-15
Open Time09:00Close Time14:30
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