Futopt Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
BRENT CRUDE OIL LAST DAY OCTOBER 2021 CALL 7750 (NYMEX:QBZ.V21.7750C)
Long-Term Downtrend (-90) - QBZ.V21.7750C is in a strong downtrend that is likely to continue. While QBZ.V21.7750C 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 QBZ.V21.7750C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBZ.V21.7750C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBZ.V21.7750C
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 QBZ.V21.7750C
Based on our trend formula, QBZ.V21.7750C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).