Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
CRUDE OIL (TAS) Nov 2022 (NYMEX:CLT.X22)
Countertrend Up (+85) - CLT.X22 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 CLT.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLT.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLT.X22
The long-term trend has been UP since Jul 11th, 2022 at 4
The intermediate-term trend has been UP since Jun 30th, 2022 at 2
The short-term trend has been UP since Aug 12th, 2022 at 1
Smart Scan Analysis for CLT.X22
Based on our trend formula, CLT.X22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).