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Future Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

CRUDE OIL BRENT LAST DAY Jun 2019 (NYMEX:BZ.M19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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.M19
Open High Low BZ.M19 Price Change
60.52 61.65 60.35 60.95 +0.40
Entry Signal

MarketClub’s Trade Triangles for BZ.M19

long term down The long term trend has been DOWN since Nov 13th, 2018 at 70.73

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 78.65

short term up The short term trend has been UP since Dec 7th, 2018 at 63.80

Smart Scan Analysis for BZ.M19

Based on a pre-defined weighted trend formula for chart analysis, BZ.M19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for BZ.M19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.52 61.65 60.35 60.95 +0.40
Prev. Close Volume Bid Ask Time
60.58 5543 2018-12-11 15:38:20
Contract High84.1Contract High Date2018-10-03
Contract Low59.78Contract Low Date2018-11-23
Estimated Volume200Expiration2019-04-30
Open Time18:00Close Time17:00
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