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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

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

Weak Downtrend (-65) - MCL.N22 is showing signs of a strengthening downtrend. Monitor MCL.N22 as it may be building momentum to the downside.

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
117.04 118.93 108.41 109.56 -7.76
Entry Signal

MarketClub’s Trade Triangles for MCL.N22

long term up The long-term trend has been UP since Jan 7th, 2022 at 76.97

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 109.17

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 119.28

Smart Scan Analysis for MCL.N22

Based on our trend formula, MCL.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MCL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
117.04 118.93 108.41 109.56 -7.76
Prev. Close Volume Bid Ask Time
109.24 2306 2022-06-17 14:21:31
Expiration2022-06-17Open Time18:00
Close Time17:15
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