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Future Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

CRUDE OIL MICRO Jun 2022 (NYMEX:MCL.M22)

Bull Market Weakness (+75) - MCL.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCL.M22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MCL.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.M22.

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

NYMEX_MCL.M22
Open High Low MCL.M22 Price Change
81.68 82.46 80.44 82.28 +0.35
Entry Signal

MarketClub’s Trade Triangles for MCL.M22

long term up The long-term trend has been UP since Jan 6th, 2022 at 77.40

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2021 at 71.50

short term down The short-term trend has been DOWN since Jan 20th, 2022 at 80.94

Smart Scan Analysis for MCL.M22

Based on our trend formula, MCL.M22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MCL.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.68 82.46 80.44 82.28 +0.35
Prev. Close Volume Bid Ask Time
82.07 190 2022-01-21 16:23:34
Expiration2022-05-19Open Time18:00
Close Time17:15
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