Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
CRUDE OIL Mar 2024 (NYMEX:CL.H24)
Sidelines Mode (+55) - CL.H24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CL.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H24.
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.H24
The long-term trend has been UP since Jul 28th, 2023 at 77.30
The intermediate-term trend has been UP since Sep 1st, 2023 at 81.06
The short-term trend has been DOWN since Sep 29th, 2023 at 84.50
Smart Scan Analysis for CL.H24
Based on our trend formula, CL.H24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 84.84 | 85.82 | 83.72 | 83.88 | -0.86 |
| Prev. Close | Volume | Bid | Ask | Time |
| 83.94 | 45496 | 2023-09-29 16:59:45 |
| Expiration | 2024-02-20 | Open Time | 09:00 |
| Close Time | 14:30 |