Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
CRUDE OIL Mar 2021/Jun 2022 Spread (NYMEX:CL.H21_M22)
Bear Market Rally (-75) - CL.H21_M22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.H21_M22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CL.H21_M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H21_M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CL.H21_M22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for CL.H21_M22
Based on our trend formula, CL.H21_M22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.59 | 3.66 | 3.10 | 3.10 | -0.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| -2.26 | 138 | 2021-01-15 15:47:06 |
| Open Time | 09:00 | Close Time | 14:30 |