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Future Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
CRUDE OIL Jan 2022 (NYMEX:CL.F22)
Bull Market Weakness (+75) - CL.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CL.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CL.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.F22.
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 CL.F22
The long-term trend has been UP since Nov 25th, 2020 at 45.45
The intermediate-term trend has been UP since Feb 2nd, 2021 at 51.14
The short-term trend has been DOWN since Feb 26th, 2021 at 56.72
Smart Scan Analysis for CL.F22
Based on our trend formula, CL.F22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.32 | 58.46 | 56.61 | 56.74 | -1.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 56.75 | 1312 | 2021-02-26 16:47:38 |
| Expiration | 2021-12-20 | Open Time | 09:00 |
| Close Time | 14:30 |