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Spread Trend Analysis Report

Prepared for you on Saturday, January 23, 2021.

CRUDE OIL Feb 2021/Jun 2021 Spread (NYMEX:CL.G21_M21)

Weak Downtrend (-65) - CL.G21_M21 is showing signs of a strengthening downtrend. Monitor CL.G21_M21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.G21_M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.G21_M21.

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

NYMEX_CL.G21_M21
Open High Low CL.G21_M21 Price Change
0.34 0.55 0.32 0.55 +0.16
Entry Signal

MarketClub’s Trade Triangles for CL.G21_M21

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.G21_M21

Based on our trend formula, CL.G21_M21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.G21_M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34 0.55 0.32 0.55 +0.16
Prev. Close Volume Bid Ask Time
-1.31 2368 2021-01-19 17:28:40
Open Time18:00Close Time17:00
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