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Future Trend Analysis Report

Prepared for you on Monday, August 2, 2021.

CRUDE OIL Apr 2022 (NYMEX:CL.J22)

Crossroads (+60) - CL.J22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CL.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J22.

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

NYMEX_CL.J22
Open High Low CL.J22 Price Change
68.14 68.33 66.09 66.89 -1.98
Entry Signal

MarketClub’s Trade Triangles for CL.J22

long term up The long-term trend has been UP since Dec 10th, 2020 at 45.94

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 65.12

short term down The short-term trend has been DOWN since Aug 2nd, 2021 at 67.23

Smart Scan Analysis for CL.J22

Based on our trend formula, CL.J22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CL.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.14 68.33 66.09 66.89 -1.98
Prev. Close Volume Bid Ask Time
68.87 3383 2021-08-02 16:05:38
Expiration2022-03-22Open Time18:00
Close Time17:00
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