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Futopt Trend Analysis Report

Prepared for you on Wednesday, June 16, 2021.

CRUDE OIL Aug 2021 6150 Put (NYMEX:LO.Q21.6150P)

Long-Term Downtrend (-90) - LO.Q21.6150P is in a strong downtrend that is likely to continue. While LO.Q21.6150P 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.Q21.6150P?

MarketClub looks at technical strength and momentum to determine if the timing is right for LO.Q21.6150P.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_LO.Q21.6150P
Open High Low LO.Q21.6150P Price Change
0.25 0.28 0.24 0.30 -0.06
Entry Signal

MarketClub’s Trade Triangles for LO.Q21.6150P

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.Q21.6150P

Based on our trend formula, LO.Q21.6150P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LO.Q21.6150P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25 0.28 0.24 0.30 -0.06
Prev. Close Volume Bid Ask Time
0.30 159 2021-06-16 11:39:21
Strike Price61.5Expiration2021-07-15
Open Time18:00Close Time17:00
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