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Future Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

CRUDE OIL Dec 2022 (NYMEX:CL.Z22)

Crossroads (-60) - CL.Z22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CL.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Z22.

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

NYMEX_CL.Z22
Open High Low CL.Z22 Price Change
95.69 98.07 94.46 97.30 +1.46
Entry Signal

MarketClub’s Trade Triangles for CL.Z22

long term up The long-term trend has been UP since Jan 7th, 2022 at 73.64

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 98.69

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 98.59

Smart Scan Analysis for CL.Z22

Based on our trend formula, CL.Z22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CL.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.69 98.07 94.46 97.30 +1.46
Prev. Close Volume Bid Ask Time
97.25 69047 2022-07-01 16:59:57
First Delivery2022-12-31Expiration2022-11-21
Open Time18:00Close Time17:00
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