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Future Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

CRUDE OIL Jun 2017 (E) (NYMEX:CL.M17.E)

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.M17.E
Open High Low CL.M17.E Price Change
49.17 49.32 49.14 49.26 -0.07
Entry Signal

MarketClub’s Trade Triangles for CL.M17.E

long term down The long term trend has been DOWN since Mar 8th, 2017 at 52.29

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2017 at 49.20

short term down The short term trend has been DOWN since Apr 16th, 2017 at 53.10

Smart Scan Analysis for CL.M17.E

Based on a pre-defined weighted trend formula for chart analysis, CL.M17.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.M17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.17 49.32 49.14 49.26 -0.07
Prev. Close Volume Bid Ask Time
49.19 12032 2017-05-01 01:58:31
Contract High93.23Contract High Date2011-11-09
Contract Low36.18Contract Low Date2016-01-20
Estimated Volume228935First Delivery2017-06-30
Expiration2017-05-22Open Time09:00
Close Time14:30
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