FSTE Oil & Gas index nearing a longer term breakout?Some wiggle room short term is in the cards, but further out a long term breakout should not be ruled out.
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Short STOXX EUROPE 600 OIL & Gas sectorWe are having here a very well structured trade idea, exploiting the confluence of high important technical factors, mean reverting stance, and extreme positioning in the Oil and Gas space thanks for a Long Inflation lean by most investors this year.
Into year end and preparing for 2023, Fact is th
Time GuesstimateWe are watching a bearish movement based on the drive of the time target. Next could be a probable uptrend.
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for STOXX Europe 600 Oil & Gas Futures is Jun 20, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell STOXX Europe 600 Oil & Gas Futures before Jun 20, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For STOXX Europe 600 Oil & Gas Futures this number is 11.58 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for STOXX Europe 600 Oil & Gas Futures shows that traders are closing their positions, which means a weakening trend.