Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Monday, November 28, 2022.

CRUDE OIL Jun 2024/BZ Spread (NYMEX:CL.M24_BZ.M24)

Bear Market Rally (-75) - CL.M24_BZ.M24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.M24_BZ.M24 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.M24_BZ.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M24_BZ.M24.

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

NYMEX_CL.M24_BZ.M24
Open High Low CL.M24_BZ.M24 Price Change
-5.67 -5.61 -5.68 -5.67 -0.06
Entry Signal

MarketClub’s Trade Triangles for CL.M24_BZ.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.M24_BZ.M24

Based on our trend formula, CL.M24_BZ.M24 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.M24_BZ.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-5.67 -5.61 -5.68 -5.67 -0.06
Prev. Close Volume Bid Ask Time
-5.61 119 2022-11-28 14:42:07
Open Time18:00Close Time17:00
Get a free daily analysis and signals for CRUDE OIL Jun 2024/BZ Spread (CL.M24_BZ.M24) - Request Your Free Report.