Futopt Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
WTI CRUDE OIL CSO 1 MO FEBRUARY 2023 PUT 75 (NYMEX:QCAY.G23.75P)
Long-Term Downtrend (-90) - QCAY.G23.75P is in a strong downtrend that is likely to continue. While QCAY.G23.75P 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 QCAY.G23.75P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCAY.G23.75P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCAY.G23.75P
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 QCAY.G23.75P
Based on our trend formula, QCAY.G23.75P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).