Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Sunday, January 17, 2021.

CRUDE OIL Aug 2021/Jan 2022 Spread (NYMEX:CL.Q21_F22)

Strong Downtrend (-100) - CL.Q21_F22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CL.Q21_F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q21_F22.

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

NYMEX_CL.Q21_F22
Open High Low CL.Q21_F22 Price Change
1.38 1.40 1.28 1.28 -0.26
Entry Signal

MarketClub’s Trade Triangles for CL.Q21_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.Q21_F22

Based on our trend formula, CL.Q21_F22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.Q21_F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.38 1.40 1.28 1.28 -0.26
Prev. Close Volume Bid Ask Time
1.38 30 2021-01-15 14:13:18
Open Time09:00Close Time14:30
Get a free daily analysis and signals for CRUDE OIL Aug 2021/Jan 2022 Spread (CL.Q21_F22) - Request Your Free Report.