Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

CRUDE OIL Jun 2022 (NYMEX:CL.M22)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_CL.M22
Open High Low CL.M22 Price Change
52.19 52.19 51.38 51.59 -0.30
Entry Signal

MarketClub’s Trade Triangles for CL.M22

long term down The long term trend has been DOWN since Nov 20th, 2018 at 55.94

intermediate term up The intermediate term trend has been UP since Dec 6th, 2019 at 52.18

short term up The short term trend has been UP since Dec 4th, 2019 at 51.94

Smart Scan Analysis for CL.M22

Based on a pre-defined weighted trend formula for chart analysis, CL.M22 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CL.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.19 52.19 51.38 51.59 -0.30
Prev. Close Volume Bid Ask Time
51.33 699 2019-12-06 12:40:58
First Delivery2022-06-30Expiration2022-05-20
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Jun 2022 CL.M22 or another symbol? Try our Free Future Trend Analysis Report.