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Futopt Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

CRUDE OIL DECEMBER 2023 PUT 12200 (NYMEX:QCL.Z23.12200P)

Long-Term Downtrend (-90) - QCL.Z23.12200P is in a strong downtrend that is likely to continue. While QCL.Z23.12200P 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.Z23.12200P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z23.12200P.

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

NYMEX_QCL.Z23.12200P
Open High Low QCL.Z23.12200P Price Change
63.11 63.11 63.11 63.11 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Z23.12200P

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.Z23.12200P

Based on our trend formula, QCL.Z23.12200P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Z23.12200P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.11 63.11 63.11 63.11 0.00
Prev. Close Volume Bid Ask Time
63.11 0 2021-12-02 00:00:00
Volatility0.42Strike Price122
Expiration2023-11-15
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