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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

CRUDE OIL Aug 2022 (NYMEX:CL.Q22)

Weak Downtrend (-65) - CL.Q22 is showing signs of a strengthening downtrend. Monitor CL.Q22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q22.

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

NYMEX_CL.Q22
Open High Low CL.Q22 Price Change
103.99 108.58 103.64 107.62 +3.06
Entry Signal

MarketClub’s Trade Triangles for CL.Q22

long term up The long-term trend has been UP since Jan 11th, 2022 at 76.30

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 106.47

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 117.02

Smart Scan Analysis for CL.Q22

Based on our trend formula, CL.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.99 108.58 103.64 107.62 +3.06
Prev. Close Volume Bid Ask Time
107.06 305953 2022-06-24 16:59:51
Expiration2022-07-20Open Time18:00
Close Time17:00
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