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Future Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

CRUDE OIL MICRO Dec 2022 (NYMEX:MCL.Z22)

Bear Market Rally (-75) - MCL.Z22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MCL.Z22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MCL.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MCL.Z22.

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

NYMEX_MCL.Z22
Open High Low MCL.Z22 Price Change
67.8 67.8 67.8 67.8 -0.2
Entry Signal

MarketClub’s Trade Triangles for MCL.Z22

long term down The long-term trend has been DOWN since Nov 19th, 2021 at 72.44

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 70.50

short term up The short-term trend has been UP since Dec 6th, 2021 at 64.61

Smart Scan Analysis for MCL.Z22

Based on our trend formula, MCL.Z22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MCL.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.8 67.8 67.8 67.8 -0.2
Prev. Close Volume Bid Ask Time
68.0 1 2021-12-08 02:24:00
Expiration2022-11-18Open Time18:00
Close Time17:15
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