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Future Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

CRUDE OIL MICRO May 2022 (NYMEX:MCL.K22)

Weak Downtrend (-65) - MCL.K22 is showing signs of a strengthening downtrend. Monitor MCL.K22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MCL.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.K22.

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

NYMEX_MCL.K22
Open High Low MCL.K22 Price Change
75.40 75.40 70.01 66.70 -5.51
Entry Signal

MarketClub’s Trade Triangles for MCL.K22

long term up The long-term trend has been UP since Sep 2nd, 2021 at 66.40

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 75.50

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 73.45

Smart Scan Analysis for MCL.K22

Based on our trend formula, MCL.K22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MCL.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.40 75.40 70.01 66.70 -5.51
Prev. Close Volume Bid Ask Time
69.31 26 2021-11-26 10:05:19
Expiration2022-04-19Open Time18:00
Close Time17:15
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