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Spread Trend Analysis Report

Prepared for you on Friday, January 15, 2021.

CRUDE OIL Feb 2021/Oct 2021 Spread (NYMEX:CL.G21_V21)

Weak Downtrend (-65) - CL.G21_V21 is showing signs of a strengthening downtrend. Monitor CL.G21_V21 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.G21_V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.G21_V21.

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

NYMEX_CL.G21_V21
Open High Low CL.G21_V21 Price Change
1.70 1.70 1.32 1.47 -0.13
Entry Signal

MarketClub’s Trade Triangles for CL.G21_V21

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_V21

Based on our trend formula, CL.G21_V21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.G21_V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.70 1.70 1.32 1.47 -0.13
Prev. Close Volume Bid Ask Time
-2.02 56 2021-01-15 11:44:29
Open Time09:00Close Time14:30
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