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Future Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

CRUDE OIL Aug 2022 (NYMEX:CL.Q22)

Countertrend Up (+85) - CL.Q22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CL.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.Q22.

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

NYMEX_CL.Q22
Open High Low CL.Q22 Price Change
64.82 64.82 64.82 64.98 +1.04
Entry Signal

MarketClub’s Trade Triangles for CL.Q22

long term up The long-term trend has been UP since Dec 15th, 2020 at 45.16

intermediate term up The intermediate-term trend has been UP since May 11th, 2021 at 60.29

short term up The short-term trend has been UP since Jun 22nd, 2021 at 64.65

Smart Scan Analysis for CL.Q22

Based on our trend formula, CL.Q22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CL.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.82 64.82 64.82 64.98 +1.04
Prev. Close Volume Bid Ask Time
64.82 512 2021-06-22 11:16:22
Expiration2022-07-20Open Time09:00
Close Time14:30
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