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Spread Trend Analysis Report

Prepared for you on Tuesday, January 26, 2021.

CRUDE OIL Mar 2021/Nov 2021 Spread (NYMEX:CL.H21_X21)

Bear Market Rally (-75) - CL.H21_X21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.H21_X21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.H21_X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H21_X21.

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

NYMEX_CL.H21_X21
Open High Low CL.H21_X21 Price Change
2.12 2.12 2.10 2.10 0.00
Entry Signal

MarketClub’s Trade Triangles for CL.H21_X21

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.H21_X21

Based on our trend formula, CL.H21_X21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.H21_X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.12 2.12 2.10 2.10 0.00
Prev. Close Volume Bid Ask Time
2.12 3 2021-01-25 21:32:58
Open Time09:00Close Time14:30
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