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Future Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

CRUDE OIL Apr 2021 (NYMEX:CL.J21)

Weak Uptrend (+65) - CL.J21 is showing signs of weakening momentum to the upside. Monitor CL.J21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CL.J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J21.

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

NYMEX_CL.J21
Open High Low CL.J21 Price Change
41.98 41.99 41.89 41.97 -0.23
Entry Signal

MarketClub’s Trade Triangles for CL.J21

long term up The long-term trend has been UP since Jul 6th, 2020 at 41.66

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 33.76

short term down The short-term trend has been DOWN since Jul 30th, 2020 at 42.36

Smart Scan Analysis for CL.J21

Based on our trend formula, CL.J21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CL.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.98 41.99 41.89 41.97 -0.23
Prev. Close Volume Bid Ask Time
38.37 212 2020-08-03 06:30:11
Expiration2021-03-22Open Time18:00
Close Time17:00
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