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Future Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

CRUDE OIL Apr 2021 (NYMEX:CL.J21)

Long-Term Uptrend (+90) - CL.J21 is in a strong uptrend that is likely to continue. While CL.J21 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.J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J21.

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

NYMEX_CL.J21
Open High Low CL.J21 Price Change
66.68 67.98 66.22 66.25 +0.16
Entry Signal

MarketClub’s Trade Triangles for CL.J21

long term up The long-term trend has been UP since Nov 24th, 2020 at 45.23

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 42.53

short term up The short-term trend has been UP since Mar 4th, 2021 at 61.60

Smart Scan Analysis for CL.J21

Based on our trend formula, CL.J21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CL.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.68 67.98 66.22 66.25 +0.16
Prev. Close Volume Bid Ask Time
66.28 125228 2021-03-08 04:23:19
Expiration2021-03-22Open Time09:00
Close Time14:30
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