Futopt Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
CRUDE OIL Feb 2022 8050 Call (NYMEX:LO.G22.8050C)
Weak Downtrend (-65) - LO.G22.8050C is showing signs of a strengthening downtrend. Monitor LO.G22.8050C as it may be building momentum to the downside.
Is it time to buy, sell, or avoid LO.G22.8050C?
MarketClub looks at technical strength and momentum to determine if the timing is right for LO.G22.8050C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LO.G22.8050C
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.G22.8050C
Based on our trend formula, LO.G22.8050C is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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