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Future Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

CRUDE OIL Apr 2022 (NYMEX:CL.J22)

Weak Downtrend (-65) - CL.J22 is showing signs of a strengthening downtrend. Monitor CL.J22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CL.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J22.

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

NYMEX_CL.J22
Open High Low CL.J22 Price Change
76.30 76.30 66.40 67.09 -9.13
Entry Signal

MarketClub’s Trade Triangles for CL.J22

long term up The long-term trend has been UP since Dec 10th, 2020 at 45.94

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 75.81

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 74.64

Smart Scan Analysis for CL.J22

Based on our trend formula, CL.J22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CL.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.30 76.30 66.40 67.09 -9.13
Prev. Close Volume Bid Ask Time
66.99 77989 2021-11-26 13:40:18
Expiration2022-03-22Open Time09:00
Close Time14:30
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