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Future Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

CRUDE OIL Jan 2019 (NYMEX:CL.F19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_CL.F19
Open High Low CL.F19 Price Change
51.20 51.47 51.20 51.39 +0.24
Entry Signal

MarketClub’s Trade Triangles for CL.F19

long term down The long term trend has been DOWN since Nov 1st, 2018 at 63.28

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 70.32

short term down The short term trend has been DOWN since Dec 7th, 2018 at 51.09

Smart Scan Analysis for CL.F19

Based on a pre-defined weighted trend formula for chart analysis, CL.F19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.F19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.20 51.47 51.20 51.39 +0.24
Prev. Close Volume Bid Ask Time
51.20 31337 2018-12-12 22:53:57
First Delivery2019-01-31Expiration2018-12-19
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Jan 2019 CL.F19 or another symbol? Try our Free Future Trend Analysis Report.