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Futopt Trend Analysis Report

Prepared for you on Wednesday, July 28, 2021.

GOLD Dec 2021 16300 Put (NYMEX:OG.Z21.16300P)

Long-Term Downtrend (-90) - OG.Z21.16300P is in a strong downtrend that is likely to continue. While OG.Z21.16300P 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.Z21.16300P?

MarketClub looks at technical strength and momentum to determine if the timing is right for OG.Z21.16300P.

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

NYMEX_OG.Z21.16300P
Open High Low OG.Z21.16300P Price Change
10.4 10.4 10.4 10.5 +0.4
Entry Signal

MarketClub’s Trade Triangles for OG.Z21.16300P

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.Z21.16300P

Based on our trend formula, OG.Z21.16300P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OG.Z21.16300P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.4 10.4 10.4 10.5 +0.4
Prev. Close Volume Bid Ask Time
10.7 3 2021-07-23 13:11:38
Strike Price16.3Expiration2021-11-23
Open Time18:00Close Time17:00
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