Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, September 18, 2021.

CRUDE OIL Jul 2022 (NYMEX:CL.N22)

Long-Term Uptrend (+90) - CL.N22 is in a strong uptrend that is likely to continue. While CL.N22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid CL.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.N22.

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

NYMEX_CL.N22
Open High Low CL.N22 Price Change
67.76 67.91 67.17 67.46 -0.57
Entry Signal

MarketClub’s Trade Triangles for CL.N22

long term up The long-term trend has been UP since Sep 15th, 2021 at 67.48

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 65.09

short term up The short-term trend has been UP since Sep 10th, 2021 at 66.24

Smart Scan Analysis for CL.N22

Based on our trend formula, CL.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CL.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.76 67.91 67.17 67.46 -0.57
Prev. Close Volume Bid Ask Time
67.39 3530 2021-09-17 14:29:55
Expiration2022-06-21Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CRUDE OIL Jul 2022 (CL.N22) - Request Your Free Report.