Futopt Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
CRUDE OIL FEBRUARY 2024 CALL 10500 (NYMEX:QCL.G24.10500C)
Strong Downtrend (-100) - QCL.G24.10500C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.G24.10500C continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.G24.10500C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G24.10500C.
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MarketClub’s Trade Triangles for QCL.G24.10500C
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 QCL.G24.10500C
Based on our trend formula, QCL.G24.10500C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).