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Future Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

CRUDE OIL Dec 2028 (NYMEX:CL.Z28)

Weak Downtrend (-65) - CL.Z28 is showing signs of a strengthening downtrend. Monitor CL.Z28 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.Z28?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Z28.

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

NYMEX_CL.Z28
Open High Low CL.Z28 Price Change
65.30 65.30 65.30 66.13 -1.80
Entry Signal

MarketClub’s Trade Triangles for CL.Z28

long term up The long-term trend has been UP since Jul 18th, 2022 at 67.0

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2022 at 67.1

short term down The short-term trend has been DOWN since Aug 4th, 2022 at 67.1

Smart Scan Analysis for CL.Z28

Based on our trend formula, CL.Z28 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.Z28
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.30 65.30 65.30 66.13 -1.80
Prev. Close Volume Bid Ask Time
65.30 14 2022-08-04 16:50:00
Expiration2028-11-20Open Time09:00
Close Time14:30
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