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Futopt Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

CRUDE OIL DECEMBER 2028 PUT 6000 (NYMEX:QCL.Z28.6000P)

Long-Term Downtrend (-90) - QCL.Z28.6000P is in a strong downtrend that is likely to continue. While QCL.Z28.6000P 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.Z28.6000P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z28.6000P.

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

NYMEX_QCL.Z28.6000P
Open High Low QCL.Z28.6000P Price Change
18.08 18.08 18.08 18.08 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Z28.6000P

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.Z28.6000P

Based on our trend formula, QCL.Z28.6000P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Z28.6000P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.08 18.08 18.08 18.08 0.00
Prev. Close Volume Bid Ask Time
17.67 0 2022-08-05 00:00:00
Volatility0.39Strike Price60
Expiration2028-11-15
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