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Futopt Trend Analysis Report

Prepared for you on Friday, November 26, 2021.

CRUDE OIL OCTOBER 2023 CALL 5650 (NYMEX:QCL.V23.5650C)

Long-Term Downtrend (-90) - QCL.V23.5650C is in a strong downtrend that is likely to continue. While QCL.V23.5650C 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.V23.5650C?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.V23.5650C.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QCL.V23.5650C
Open High Low QCL.V23.5650C Price Change
18.46 18.46 18.46 18.46 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.V23.5650C

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QCL.V23.5650C

Based on our trend formula, QCL.V23.5650C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.V23.5650C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.46 18.46 18.46 18.46 0.00
Prev. Close Volume Bid Ask Time
18.46 0 2021-11-24 00:00:00
Volatility0.38Strike Price56.5
Expiration2023-09-15
Get a free daily analysis and signals for CRUDE OIL OCTOBER 2023 CALL 5650 (QCL.V23.5650C) - Request Your Free Report.