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Future Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

CRUDE OIL Oct 2022 (NYMEX:CL.V22)

Crossroads (-60) - CL.V22 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.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for CL.V22.

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

NYMEX_CL.V22
Open High Low CL.V22 Price Change
67.50 67.50 66.50 66.50 +1.77
Entry Signal

MarketClub’s Trade Triangles for CL.V22

long term up The long-term trend has been UP since Nov 25th, 2020 at 42.78

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 71.90

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 70.45

Smart Scan Analysis for CL.V22

Based on our trend formula, CL.V22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CL.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.50 67.50 66.50 66.50 +1.77
Prev. Close Volume Bid Ask Time
64.96 235 2021-11-28 18:08:15
Expiration2022-09-20Open Time18:00
Close Time17:00
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