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Future Trend Analysis Report

Prepared for you on Monday, April 19, 2021.

CRUDE OIL Mar 2022 (NYMEX:CL.H22)

Bull Market Weakness (+75) - CL.H22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CL.H22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CL.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.H22.

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

NYMEX_CL.H22
Open High Low CL.H22 Price Change
59.29 59.82 59.22 59.40 -0.04
Entry Signal

MarketClub’s Trade Triangles for CL.H22

long term up The long-term trend has been UP since Dec 10th, 2020 at 45.00

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2021 at 50.11

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 59.39

Smart Scan Analysis for CL.H22

Based on our trend formula, CL.H22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CL.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.29 59.82 59.22 59.40 -0.04
Prev. Close Volume Bid Ask Time
59.46 5451 2021-04-19 16:39:29
Expiration2022-02-22Open Time18:00
Close Time17:00
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