Futopt Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
CRUDE OIL JUNE 2027 PUT 1950 (NYMEX:QCL.M27.1950P)
Long-Term Downtrend (-90) - QCL.M27.1950P is in a strong downtrend that is likely to continue. While QCL.M27.1950P 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.M27.1950P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.M27.1950P.
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MarketClub’s Trade Triangles for QCL.M27.1950P
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.M27.1950P
Based on our trend formula, QCL.M27.1950P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).