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Futopt Trend Analysis Report

Prepared for you on Friday, November 26, 2021.

GOLD Feb 2022 16600 Put (NYMEX:OG.G22.16600P)

Long-Term Downtrend (-90) - OG.G22.16600P is in a strong downtrend that is likely to continue. While OG.G22.16600P 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 OG.G22.16600P?

MarketClub looks at technical strength and momentum to determine if the timing is right for OG.G22.16600P.

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

NYMEX_OG.G22.16600P
Open High Low OG.G22.16600P Price Change
8.5 8.5 8.5 8.5 +1.4
Entry Signal

MarketClub’s Trade Triangles for OG.G22.16600P

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 OG.G22.16600P

Based on our trend formula, OG.G22.16600P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OG.G22.16600P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.5 8.5 8.5 8.5 +1.4
Prev. Close Volume Bid Ask Time
7.1 5 2021-11-26 13:04:22
Strike Price16.6Expiration2022-01-26
Open Time18:00Close Time17:00
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