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Future Trend Analysis Report

Prepared for you on Saturday, September 18, 2021.

CRUDE OIL Mar 2022 (NYMEX:CL.H22)

Long-Term Uptrend (+90) - CL.H22 is in a strong uptrend that is likely to continue. While CL.H22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CL.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H22.

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

NYMEX_CL.H22
Open High Low CL.H22 Price Change
70.19 70.28 69.10 69.60 -0.55
Entry Signal

MarketClub’s Trade Triangles for CL.H22

long term up The long-term trend has been UP since Dec 10th, 2020 at 45.00

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 66.89

short term up The short-term trend has been UP since Sep 10th, 2021 at 67.60

Smart Scan Analysis for CL.H22

Based on our trend formula, CL.H22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CL.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.19 70.28 69.10 69.60 -0.55
Prev. Close Volume Bid Ask Time
69.58 28452 2021-09-17 16:40:17
Expiration2022-02-22Open Time18:00
Close Time17:00
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