Futopt Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
CRUDE OIL Feb 2022 6050 Put (NYMEX:LO.G22.6050P)
Strong Downtrend (-100) - LO.G22.6050P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LO.G22.6050P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LO.G22.6050P?
MarketClub looks at technical strength and momentum to determine if the timing is right for LO.G22.6050P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LO.G22.6050P
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.G22.6050P
Based on our trend formula, LO.G22.6050P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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