Futopt Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
CRUDE OIL JUNE 2021 CALL 3050 (NYMEX:QCL.M21.3050C)
Long-Term Downtrend (-90) - QCL.M21.3050C is in a strong downtrend that is likely to continue. While QCL.M21.3050C 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.M21.3050C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M21.3050C.
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MarketClub’s Trade Triangles for QCL.M21.3050C
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.M21.3050C
Based on our trend formula, QCL.M21.3050C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).