Futopt Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
CRUDE OIL MARCH 2022 CALL 1700 (NYMEX:QCL.H22.1700C)
Long-Term Downtrend (-90) - QCL.H22.1700C is in a strong downtrend that is likely to continue. While QCL.H22.1700C 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.H22.1700C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H22.1700C.
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MarketClub’s Trade Triangles for QCL.H22.1700C
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.H22.1700C
Based on our trend formula, QCL.H22.1700C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).