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Future Trend Analysis Report

Prepared for you on Saturday, September 18, 2021.

CRUDE OIL Sep 2022 (NYMEX:CL.U22)

Long-Term Uptrend (+90) - CL.U22 is in a strong uptrend that is likely to continue. While CL.U22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
66.97 66.97 66.12 66.44 -0.67
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 up The intermediate-term trend has been UP since Aug 27th, 2021 at 64.18

short term up The short-term trend has been UP since Sep 10th, 2021 at 65.40

Smart Scan Analysis for CL.U22

Based on our trend formula, CL.U22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CL.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.97 66.97 66.12 66.44 -0.67
Prev. Close Volume Bid Ask Time
66.44 4520 2021-09-17 15:14:23
Expiration2022-08-22Open Time18:00
Close Time17:00
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