Futopt Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
CRUDE OIL MAY 2023 CALL 16000 (NYMEX:QCL.K23.16000C)
Strong Downtrend (-100) - QCL.K23.16000C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.K23.16000C continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.K23.16000C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.K23.16000C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.K23.16000C
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.K23.16000C
Based on our trend formula, QCL.K23.16000C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).