Futopt Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
CRUDE OIL FEBRUARY 2024 CALL 6550 (NYMEX:QCL.G24.6550C)
Strong Downtrend (-100) - QCL.G24.6550C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.G24.6550C continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.G24.6550C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.G24.6550C.
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MarketClub’s Trade Triangles for QCL.G24.6550C
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.G24.6550C
Based on our trend formula, QCL.G24.6550C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).