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Futopt Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

CRUDE OIL FEBRUARY 2024 PUT 6100 (NYMEX:QCL.G24.6100P)

Long-Term Downtrend (-90) - QCL.G24.6100P is in a strong downtrend that is likely to continue. While QCL.G24.6100P 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.G24.6100P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G24.6100P.

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

NYMEX_QCL.G24.6100P
Open High Low QCL.G24.6100P Price Change
7.47 7.47 7.47 7.47 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.G24.6100P

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.G24.6100P

Based on our trend formula, QCL.G24.6100P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.G24.6100P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.47 7.47 7.47 7.47 0.00
Prev. Close Volume Bid Ask Time
7.47 0 2022-06-27 00:00:00
Volatility0.47Strike Price61
Expiration2024-01-17
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