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Spread Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

CRUDE OIL Feb 2022/Oct 2022 Spread (NYMEX:CL.G22_V22)

Strong Downtrend (-100) - CL.G22_V22 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.G22_V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.G22_V22.

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NYMEX_CL.G22_V22
Open High Low CL.G22_V22 Price Change
2.99 3.24 2.35 2.34 -0.44
Entry Signal

MarketClub’s Trade Triangles for CL.G22_V22

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.G22_V22

Based on our trend formula, CL.G22_V22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.G22_V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.99 3.24 2.35 2.34 -0.44
Prev. Close Volume Bid Ask Time
2.35 50 2021-12-01 17:28:38
Open Time09:00Close Time14:30
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