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Future Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

CRUDE OIL Jan 2021 (NYMEX:CL.F21)

Bull Market Weakness (+75) - CL.F21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CL.F21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CL.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.F21.

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

NYMEX_CL.F21
Open High Low CL.F21 Price Change
36.86 37.21 36.13 36.80 -0.23
Entry Signal

MarketClub’s Trade Triangles for CL.F21

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 50.83

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 33.14

short term up The short-term trend has been UP since May 29th, 2020 at 36.31

Smart Scan Analysis for CL.F21

Based on our trend formula, CL.F21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CL.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.86 37.21 36.13 36.80 -0.23
Prev. Close Volume Bid Ask Time
34.02 8191 2020-06-01 13:03:08
First Delivery2021-01-31Expiration2020-12-21
Open Time18:00Close Time17:00
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