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Spread Trend Analysis Report

Prepared for you on Thursday, January 21, 2021.

CRUDE OIL Jul 2021/Jan 2022 Spread (NYMEX:CL.N21_F22)

Bear Market Rally (-75) - CL.N21_F22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.N21_F22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.N21_F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N21_F22.

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

NYMEX_CL.N21_F22
Open High Low CL.N21_F22 Price Change
1.85 1.85 1.85 1.85 -0.09
Entry Signal

MarketClub’s Trade Triangles for CL.N21_F22

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.N21_F22

Based on our trend formula, CL.N21_F22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.N21_F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.85 1.85 1.85 1.85 -0.09
Prev. Close Volume Bid Ask Time
1.85 2 2021-01-20 22:57:22
Open Time18:00Close Time17:00
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