Futopt Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
CRUDE OIL MARCH 2022 PUT 7450 (NYMEX:QCL.H22.7450P)
Strong Downtrend (-100) - QCL.H22.7450P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.H22.7450P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.H22.7450P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H22.7450P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.H22.7450P
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.H22.7450P
Based on our trend formula, QCL.H22.7450P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8.15||52wk High Date||2021-12-19|
|52wk Low||0.64||52wk Low Date||2022-01-19|