Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
CRUDE OIL MICRO Dec 2021 (NYMEX:MCL.Z21)
Strong Uptrend (+100) - MCL.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MCL.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MCL.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCL.Z21
The long-term trend has been UP since Sep 15th, 2021 at 71.83
The intermediate-term trend has been UP since Aug 29th, 2021 at 68.23
The short-term trend has been UP since Oct 24th, 2021 at 84.22
Smart Scan Analysis for MCL.Z21
Based on our trend formula, MCL.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).