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Futopt Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

CRUDE OIL DECEMBER 2028 PUT 8600 (NYMEX:QCL.Z28.8600P)

Long-Term Downtrend (-90) - QCL.Z28.8600P is in a strong downtrend that is likely to continue. While QCL.Z28.8600P 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.Z28.8600P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QCL.Z28.8600P.

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

NYMEX_QCL.Z28.8600P
Open High Low QCL.Z28.8600P Price Change
32.53 32.53 32.53 32.53 0.00
Entry Signal

MarketClub’s Trade Triangles for QCL.Z28.8600P

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.Z28.8600P

Based on our trend formula, QCL.Z28.8600P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QCL.Z28.8600P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.53 32.53 32.53 32.53 0.00
Prev. Close Volume Bid Ask Time
32.53 0 2022-08-05 00:00:00
Volatility0.36Strike Price86
Expiration2028-11-15
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