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Futopt Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

CRUDE OIL DECEMBER 2023 CALL 11550 (NYMEX:QCL.Z23.11550C)

Long-Term Downtrend (-90) - QCL.Z23.11550C is in a strong downtrend that is likely to continue. While QCL.Z23.11550C 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.Z23.11550C?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z23.11550C.

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NYMEX_QCL.Z23.11550C
Open High Low QCL.Z23.11550C Price Change
1.38 1.38 1.38 1.38 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Z23.11550C

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.Z23.11550C

Based on our trend formula, QCL.Z23.11550C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Z23.11550C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.38 1.38 1.38 1.38 0.00
Prev. Close Volume Bid Ask Time
1.38 0 2021-12-07 00:00:00
Volatility0.3Strike Price115.5
Expiration2023-11-15
Get a free daily analysis and signals for CRUDE OIL DECEMBER 2023 CALL 11550 (QCL.Z23.11550C) - Request Your Free Report.