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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

CRUDE OIL MICRO Aug 2022 (NYMEX:MCL.Q22)

Weak Downtrend (-65) - MCL.Q22 is showing signs of a strengthening downtrend. Monitor MCL.Q22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MCL.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.Q22.

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

NYMEX_MCL.Q22
Open High Low MCL.Q22 Price Change
109.70 110.46 107.09 107.51 -2.17
Entry Signal

MarketClub’s Trade Triangles for MCL.Q22

long term up The long-term trend has been UP since Jan 7th, 2022 at 76.02

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 106.54

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 109.02

Smart Scan Analysis for MCL.Q22

Based on our trend formula, MCL.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MCL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.70 110.46 107.09 107.51 -2.17
Prev. Close Volume Bid Ask Time
109.68 65725 2022-06-30 10:11:22
Expiration2022-07-19Open Time18:00
Close Time17:15
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