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Future Trend Analysis Report

Prepared for you on Friday, June 2, 2023.


Sidelines Mode (-55) - CL.Q23 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.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q23.

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

Open High Low CL.Q23 Price Change
70.25 72.24 70.10 71.96 +1.71
Entry Signal

MarketClub’s Trade Triangles for CL.Q23

long term down The long-term trend has been DOWN since May 3rd, 2023 at 65.65

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2023 at 76.05

short term up The short-term trend has been UP since Jun 2nd, 2023 at 70.46

Smart Scan Analysis for CL.Q23

Based on our trend formula, CL.Q23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CL.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.25 72.24 70.10 71.96 +1.71
Prev. Close Volume Bid Ask Time
70.25 99123 2023-06-02 16:59:00
Expiration2023-07-20Open Time18:00
Close Time17:00
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