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Future Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

CRUDE OIL May 2022 (NYMEX:CL.K22)

Weak Uptrend (+65) - CL.K22 is showing signs of weakening momentum to the upside. Monitor CL.K22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CL.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.K22.

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

NYMEX_CL.K22
Open High Low CL.K22 Price Change
67.92 68.57 67.86 68.30 -0.02
Entry Signal

MarketClub’s Trade Triangles for CL.K22

long term up The long-term trend has been UP since Nov 15th, 2019 at 50.95

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 65.40

short term up The short-term trend has been UP since Jul 22nd, 2021 at 66.20

Smart Scan Analysis for CL.K22

Based on our trend formula, CL.K22 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CL.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.92 68.57 67.86 68.30 -0.02
Prev. Close Volume Bid Ask Time
68.06 2347 2021-07-30 16:49:14
Expiration2022-04-20Open Time18:00
Close Time17:00
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