Weekly Stock Market Forecast
New York Mercantile Exchange › CRUDE OIL Dec 2021/BZ Spread (NYMEX:CL.Z21_BZ.Z22)
Get our free advanced charting studies, portfolio tools, and more. Unlock These Features
We're sharing our advanced charting and portfolio tools with you! Create your account for free access.
Free Instant Analysis
Let our Trade Triangle technology, brought to you courtesy of our premium service MarketClub, instantly analyze any stock, futures or forex market for you. It’s free, It’s informative, It’s on the money. View our complimentary trend analysis for CRUDE OIL Dec 2021/BZ Spread (CL.Z21_BZ.Z22) now.
Equity
Penn National Gaming, Inc. (PENN) +55
2 days ago
Trading down -2.63 (-3.52%) at 74.61. Sidelines Mode (+55) - PENN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Recursion Pharmaceuticals, Inc. - Class A (RXRX) -90
2 days ago
Trading down -0.605 (-3.40%) at 17.755. Long-Term Downtrend (-90) - RXRX is in a strong downtrend that is likely to continue. While RXRX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Index
Brent+ Index (SGMDBRP) +85
2 days ago
Trading up +0.410 (+0.55%) at 74.500. Countertrend Up (+85) - SGMDBRP 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.
S&P 500 Commodity Chemicals (Sub Ind) (SP500-15101010) -75
2 days ago
Trading down -1.01 (-0.61%) at 165.92. Bear Market Rally (-75) - SP500-15101010 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-15101010 as it may be in the beginning of a reversal.
Future
CRUDE OIL Dec 2023 (CL.Z23) +75
1 hour, 28 minutes ago
Trading up +0.14 (+0.21%) at 66.17. Bull Market Weakness (+75) - CL.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CL.Z23 as it may be in the beginning stages of a reversal.
SOYBEAN MEAL Sep 2022 (ZM.U22) -85
28 minutes ago
Trading down -1.9 (-0.57%) at 329.0. Strong Downtrend (-100) - ZM.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Foreign Exchange
US Dollar/Mauritius Rupee (USDMUR) +75
41 minutes ago
Trading unchanged at 42.76. Bull Market Weakness (+75) - USDMUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDMUR as it may be in the beginning stages of a reversal.
South African Rand/Indonesian Rupiah (ZARIDR) -75
45 minutes ago
Trading down -0.1735 (-0.02%) at 952.6797. Bear Market Rally (-75) - ZARIDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARIDR as it may be in the beginning of a reversal.
Mutual Fund
WELLS FARGO DISCIPLINED SMALL CAP FUND CLASS A (WDSAX) +100
2 days ago
Trading up +0.02 (+0.16%) at 12.51. Strong Uptrend (+100) - WDSAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, WDSAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
DELAWARE IVY HIGH INCOME FUND CLASS R (IYHIX) -85
3 days ago
Trading unchanged at 7.12. Countertrend Down (-85) - IYHIX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.