Futopt Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
CRUDE OIL JULY 2022 PUT 21000 (NYMEX:QCL.N22.21000P)
Strong Downtrend (-100) - QCL.N22.21000P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QCL.N22.21000P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QCL.N22.21000P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.N22.21000P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QCL.N22.21000P
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.N22.21000P
Based on our trend formula, QCL.N22.21000P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).