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Spread Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

CRUDE OIL Aug 2022/Feb 2023 Spread (NYMEX:CL.Q22_G23)

Bear Market Rally (-75) - CL.Q22_G23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CL.Q22_G23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CL.Q22_G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q22_G23.

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

NYMEX_CL.Q22_G23
Open High Low CL.Q22_G23 Price Change
12.56 12.56 12.56 12.40 -0.05
Entry Signal

MarketClub’s Trade Triangles for CL.Q22_G23

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.Q22_G23

Based on our trend formula, CL.Q22_G23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for CL.Q22_G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.56 12.56 12.56 12.40 -0.05
Prev. Close Volume Bid Ask Time
12.56 2 2022-05-25 17:28:43
Open Time18:00Close Time17:00
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