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Future Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

CRUDE OIL Jun 2021 (NYMEX:CL.M21)

Countertrend Down (-85) - CL.M21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid CL.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M21.

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

NYMEX_CL.M21
Open High Low CL.M21 Price Change
35.99 36.77 35.99 36.08 -0.01
Entry Signal

MarketClub’s Trade Triangles for CL.M21

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 49.42

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 49.53

short term up The short-term trend has been UP since Mar 25th, 2020 at 35.75

Smart Scan Analysis for CL.M21

Based on our trend formula, CL.M21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CL.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.99 36.77 35.99 36.08 -0.01
Prev. Close Volume Bid Ask Time
48.41 3968 2020-03-30 06:45:55
First Delivery2021-06-30Expiration2021-05-20
Open Time18:00Close Time17:00
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