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Future Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

CRUDE OIL Jun 2024 (NYMEX:CL.M24)

Crossroads (-60) - CL.M24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CL.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.M24.

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

NYMEX_CL.M24
Open High Low CL.M24 Price Change
60.35 60.51 59.90 60.50 +1.80
Entry Signal

MarketClub’s Trade Triangles for CL.M24

long term up The long-term trend has been UP since Sep 10th, 2021 at 58.39

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 62.82

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 64.05

Smart Scan Analysis for CL.M24

Based on our trend formula, CL.M24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CL.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.35 60.51 59.90 60.50 +1.80
Prev. Close Volume Bid Ask Time
58.70 344 2021-12-01 11:13:48
Expiration2024-05-21Open Time09:00
Close Time14:30
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