Futopt Trend Analysis Report
Prepared for you on Friday, June 18, 2021.
CRUDE OIL MARCH 2022 CALL 9400 (NYMEX:QCL.H22.9400C)
Long-Term Downtrend (-90) - QCL.H22.9400C is in a strong downtrend that is likely to continue. While QCL.H22.9400C 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.H22.9400C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.H22.9400C.
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MarketClub’s Trade Triangles for QCL.H22.9400C
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.H22.9400C
Based on our trend formula, QCL.H22.9400C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).