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Spread Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

CRUDE OIL Sep 2022/Jan 2023 Spread (NYMEX:CL.U22_F23)

Weak Downtrend (-65) - CL.U22_F23 is showing signs of a strengthening downtrend. Monitor CL.U22_F23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.U22_F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.U22_F23.

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

NYMEX_CL.U22_F23
Open High Low CL.U22_F23 Price Change
3.26 3.26 3.26 3.26 +0.03
Entry Signal

MarketClub’s Trade Triangles for CL.U22_F23

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.U22_F23

Based on our trend formula, CL.U22_F23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.U22_F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.26 3.26 3.26 3.26 +0.03
Prev. Close Volume Bid Ask Time
3.23 1 2022-01-18 18:32:18
Open Time18:00Close Time17:00
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