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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

CRUDE OIL Sep 2022 (NYMEX:CL.U22)

Weak Downtrend (-65) - CL.U22 is showing signs of a strengthening downtrend. Monitor CL.U22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.U22.

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

NYMEX_CL.U22
Open High Low CL.U22 Price Change
104.37 104.37 102.87 103.45 -1.00
Entry Signal

MarketClub’s Trade Triangles for CL.U22

long term up The long-term trend has been UP since Dec 18th, 2020 at 46.38

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 104.28

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 114.47

Smart Scan Analysis for CL.U22

Based on our trend formula, CL.U22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.37 104.37 102.87 103.45 -1.00
Prev. Close Volume Bid Ask Time
103.90 1477 2022-06-26 19:26:58
Expiration2022-08-22Open Time18:00
Close Time17:00
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