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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

CRUDE OIL Apr 2023 (NYMEX:CL.J23)

Sidelines Mode (-55) - CL.J23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CL.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.J23.

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

NYMEX_CL.J23
Open High Low CL.J23 Price Change
92.72 93.71 91.37 91.37 -1.46
Entry Signal

MarketClub’s Trade Triangles for CL.J23

long term up The long-term trend has been UP since Jan 5th, 2022 at 70.11

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 93.65

short term up The short-term trend has been UP since Jun 27th, 2022 at 91.66

Smart Scan Analysis for CL.J23

Based on our trend formula, CL.J23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CL.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.72 93.71 91.37 91.37 -1.46
Prev. Close Volume Bid Ask Time
92.83 1209 2022-06-30 09:35:20
Expiration2023-03-21Open Time09:00
Close Time14:30
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