Futopt Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
CRUDE OIL JULY 2022 PUT 12300 (NYMEX:QCL.N22.12300P)
Strong Downtrend (-100) - QCL.N22.12300P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.N22.12300P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.N22.12300P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.N22.12300P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.N22.12300P
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.N22.12300P
Based on our trend formula, QCL.N22.12300P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).