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Future Trend Analysis Report

Prepared for you on Wednesday, September 22, 2021.

CRUDE OIL MICRO Jul 2022 (NYMEX:MCL.N22)

Crossroads (-60) - MCL.N22 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.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.N22.

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

NYMEX_MCL.N22
Open High Low MCL.N22 Price Change
64.81 65.83 64.76 66.47 -1.08
Entry Signal

MarketClub’s Trade Triangles for MCL.N22

long term down The long-term trend has been DOWN since Aug 5th, 2021 at 63.66

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 65.00

short term up The short-term trend has been UP since Aug 25th, 2021 at 60.70

Smart Scan Analysis for MCL.N22

Based on our trend formula, MCL.N22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MCL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.81 65.83 64.76 66.47 -1.08
Prev. Close Volume Bid Ask Time
65.56 3 2021-09-09 16:49:00
Expiration2022-06-20Open Time18:00
Close Time17:15
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