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Spread Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

CRUDE OIL Sep 2021/Apr 2022 Spread (NYMEX:CL.U21_J22)

Strong Downtrend (-100) - CL.U21_J22 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.U21_J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.U21_J22.

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

NYMEX_CL.U21_J22
Open High Low CL.U21_J22 Price Change
2.84 2.84 2.84 2.84 -0.03
Entry Signal

MarketClub’s Trade Triangles for CL.U21_J22

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.U21_J22

Based on our trend formula, CL.U21_J22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CL.U21_J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.84 2.84 2.84 2.84 -0.03
Prev. Close Volume Bid Ask Time
2.87 2 2021-05-12 20:02:59
Open Time18:00Close Time17:00
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