Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

CRUDE OIL BRENT LAST DAY May 2019 (NYMEX:BZ.K19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_BZ.K19
Open High Low BZ.K19 Price Change
61.82 61.82 60.66 60.66 -1.28
Entry Signal

MarketClub’s Trade Triangles for BZ.K19

long term down The long term trend has been DOWN since Nov 13th, 2018 at 70.93

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 78.99

short term down The short term trend has been DOWN since Dec 14th, 2018 at 60.81

Smart Scan Analysis for BZ.K19

Based on a pre-defined weighted trend formula for chart analysis, BZ.K19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BZ.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.82 61.82 60.66 60.66 -1.28
Prev. Close Volume Bid Ask Time
60.42 1380 2018-12-14 12:48:10
Contract High84.48Contract High Date2018-10-03
Contract Low59.61Contract Low Date2018-11-23
Estimated Volume200Expiration2019-03-29
Open Time09:00Close Time14:30
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