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Future Trend Analysis Report

Prepared for you on Tuesday, September 21, 2021.

CRUDE OIL Oct 2021 (NYMEX:CL.V21)

Bull Market Weakness (+75) - CL.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CL.V21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CL.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.V21.

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

NYMEX_CL.V21
Open High Low CL.V21 Price Change
70.59 71.63 70.59 71.08 +0.60
Entry Signal

MarketClub’s Trade Triangles for CL.V21

long term up The long-term trend has been UP since Nov 25th, 2020 at 45.75

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 69.19

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 71.21

Smart Scan Analysis for CL.V21

Based on our trend formula, CL.V21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CL.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.59 71.63 70.59 71.08 +0.60
Prev. Close Volume Bid Ask Time
70.48 3252 2021-09-21 07:31:50
Expiration2021-09-21Open Time09:00
Close Time14:30
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