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Futopt Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

CRUDE OIL APRIL 2021 PUT 5600 (NYMEX:QCL.J21.5600P)

Long-Term Downtrend (-90) - QCL.J21.5600P is in a strong downtrend that is likely to continue. While QCL.J21.5600P 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.J21.5600P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.J21.5600P.

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

NYMEX_QCL.J21.5600P
Open High Low QCL.J21.5600P Price Change
0.85 1.00 0.61 0.75 -0.01
Entry Signal

MarketClub’s Trade Triangles for QCL.J21.5600P

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.J21.5600P

Based on our trend formula, QCL.J21.5600P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.J21.5600P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.85 1.00 0.61 0.75 -0.01
Prev. Close Volume Bid Ask Time
0.76 1429 0.77 0.79 2021-03-02 14:39:00
52wk High5.9452wk High Date2021-01-07
52wk Low0.452wk Low Date2021-02-24
Volatility0.53Strike Price56
Expiration2021-03-17
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