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Future Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

CRUDE OIL MICRO Feb 2022 (NYMEX:MCL.G22)

Crossroads (-60) - MCL.G22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MCL.G22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.G22.

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

NYMEX_MCL.G22
Open High Low MCL.G22 Price Change
70.07 70.84 70.00 70.50 +0.81
Entry Signal

MarketClub’s Trade Triangles for MCL.G22

long term up The long-term trend has been UP since Aug 27th, 2021 at 67.01

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 77.49

short term down The short-term trend has been DOWN since Nov 17th, 2021 at 77.60

Smart Scan Analysis for MCL.G22

Based on our trend formula, MCL.G22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MCL.G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.07 70.84 70.00 70.50 +0.81
Prev. Close Volume Bid Ask Time
69.69 303 2021-11-29 21:59:04
Expiration2022-01-19Open Time18:00
Close Time17:15
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