Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Thursday, January 21, 2021.

CRUDE OIL Feb 2021/Jun 2023 Spread (NYMEX:CL.G21_M23)

Strong Downtrend (-100) - CL.G21_M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.G21_M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.G21_M23.

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

NYMEX_CL.G21_M23
Open High Low CL.G21_M23 Price Change
5.25 5.25 4.68 4.68 +0.07
Entry Signal

MarketClub’s Trade Triangles for CL.G21_M23

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_M23

Based on our trend formula, CL.G21_M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.G21_M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.25 5.25 4.68 4.68 +0.07
Prev. Close Volume Bid Ask Time
5.25 49 2021-01-15 15:38:31
Open Time18:00Close Time17:00
Get a free daily analysis and signals for CRUDE OIL Feb 2021/Jun 2023 Spread (CL.G21_M23) - Request Your Free Report.