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Spread Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

CRUDE OIL Jan 2022/Feb 2022 Spread (NYMEX:CL.F22_G22)

Bear Market Rally (-75) - CL.F22_G22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.F22_G22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.F22_G22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.F22_G22.

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

NYMEX_CL.F22_G22
Open High Low CL.F22_G22 Price Change
0.49 0.49 0.49 0.48 +0.01
Entry Signal

MarketClub’s Trade Triangles for CL.F22_G22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for CL.F22_G22

Based on our trend formula, CL.F22_G22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.F22_G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49 0.49 0.49 0.48 +0.01
Prev. Close Volume Bid Ask Time
0.49 1 2021-05-17 22:56:20
Open Time18:00Close Time17:00
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