Future Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
MPC SONIA Nov 2022 (CME:MPC.X22)
Long-Term Downtrend (-90) - MPC.X22 is in a strong downtrend that is likely to continue. While MPC.X22 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 MPC.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MPC.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MPC.X22
The long-term trend has been DOWN since Dec 21st, 2021 at 98.9475
The intermediate-term trend has been DOWN since Dec 21st, 2021 at 98.9475
The short-term trend has been DOWN since Dec 21st, 2021 at 98.9475
Smart Scan Analysis for MPC.X22
Based on our trend formula, MPC.X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).