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Futopt Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

CRUDE OIL JANUARY 2024 PUT 10750 (NYMEX:QCL.F24.10750P)

Long-Term Downtrend (-90) - QCL.F24.10750P is in a strong downtrend that is likely to continue. While QCL.F24.10750P 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 QCL.F24.10750P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.F24.10750P.

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

NYMEX_QCL.F24.10750P
Open High Low QCL.F24.10750P Price Change
31.24 31.24 31.24 31.24 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.F24.10750P

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 QCL.F24.10750P

Based on our trend formula, QCL.F24.10750P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.F24.10750P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.24 31.24 31.24 31.24 0.00
Prev. Close Volume Bid Ask Time
31.24 0 2022-07-05 00:00:00
Volatility0.42Strike Price107.5
Expiration2023-12-14
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