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Spread Trend Analysis Report

Prepared for you on Friday, January 15, 2021.

CRUDE OIL Apr 2021/Dec 2022 Spread (NYMEX:CL.J21_Z22)

Bear Market Rally (-75) - CL.J21_Z22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.J21_Z22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.J21_Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J21_Z22.

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

NYMEX_CL.J21_Z22
Open High Low CL.J21_Z22 Price Change
4.44 4.44 3.89 4.06 -0.55
Entry Signal

MarketClub’s Trade Triangles for CL.J21_Z22

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.J21_Z22

Based on our trend formula, CL.J21_Z22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.J21_Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.44 4.44 3.89 4.06 -0.55
Prev. Close Volume Bid Ask Time
-2.72 138 2021-01-15 12:22:45
Open Time09:00Close Time14:30
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