Futopt Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
CRUDE OIL Feb 2022 4300 Put (NYMEX:LO.G22.4300P)
Long-Term Downtrend (-90) - LO.G22.4300P is in a strong downtrend that is likely to continue. While LO.G22.4300P 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.G22.4300P?
MarketClub looks at technical strength and momentum to determine if the timing is right for LO.G22.4300P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LO.G22.4300P
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 LO.G22.4300P
Based on our trend formula, LO.G22.4300P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||18:00||Close Time||17:00|