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Spread Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

CRUDE OIL Mar 2022/Jun 2024 Spread (NYMEX:CL.H22_M24)

Bear Market Rally (-75) - CL.H22_M24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.H22_M24 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.H22_M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H22_M24.

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

NYMEX_CL.H22_M24
Open High Low CL.H22_M24 Price Change
16.65 16.65 16.65 16.71 -1.34
Entry Signal

MarketClub’s Trade Triangles for CL.H22_M24

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.H22_M24

Based on our trend formula, CL.H22_M24 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.H22_M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.65 16.65 16.65 16.71 -1.34
Prev. Close Volume Bid Ask Time
16.65 2 2022-01-21 10:42:40
Open Time18:00Close Time17:00
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