Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
CRUDE OIL MICRO Jul 2023 (NYMEX:MCL.N23)
Sidelines Mode (-55) - MCL.N23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MCL.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MCL.N23
The long-term trend has been DOWN since Sep 7th, 2022 at 80.00
The intermediate-term trend has been DOWN since Mar 14th, 2023 at 74.25
The short-term trend has been UP since Mar 27th, 2023 at 70.50
Smart Scan Analysis for MCL.N23
Based on our trend formula, MCL.N23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 74.39 | 75.80 | 73.84 | 75.73 | +1.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 75.80 | 312 | 2023-03-31 16:59:49 |
| Expiration | 2023-06-16 | Open Time | 18:00 |
| Close Time | 17:15 |