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Futopt Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

CRUDE OIL DECEMBER 2023 PUT 8050 (NYMEX:QCL.Z23.8050P)

Long-Term Downtrend (-90) - QCL.Z23.8050P is in a strong downtrend that is likely to continue. While QCL.Z23.8050P 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.Z23.8050P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z23.8050P.

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

NYMEX_QCL.Z23.8050P
Open High Low QCL.Z23.8050P Price Change
19.97 19.97 19.97 19.97 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Z23.8050P

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.Z23.8050P

Based on our trend formula, QCL.Z23.8050P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Z23.8050P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.97 19.97 19.97 19.97 0.00
Prev. Close Volume Bid Ask Time
25.91 0 2021-11-26 00:00:00
Volatility0.35Strike Price80.5
Expiration2023-11-15
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