Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

CRUDE OIL Aug 2020 (E) (NYMEX:CL.Q20.E)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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_CL.Q20.E
Open High Low CL.Q20.E Price Change
60.57 60.57 60.57 59.95 +0.07
Entry Signal

MarketClub’s Trade Triangles for CL.Q20.E

long term up The long term trend has been UP since Nov 8th, 2017 at 51.40

intermediate term up The intermediate term trend has been UP since Jul 26th, 2018 at 61.68

short term down The short term trend has been DOWN since Aug 8th, 2018 at 60.58

Smart Scan Analysis for CL.Q20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Q20.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for CL.Q20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.57 60.57 60.57 59.95 +0.07
Prev. Close Volume Bid Ask Time
59.95 30 2018-08-20 14:35:29
Contract High61.92Contract High Date2018-07-30
Contract Low49.9Contract Low Date2017-10-04
Estimated Volume30First Delivery2020-08-31
Expiration2020-07-21Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Aug 2020 (E) CL.Q20.E or another symbol? Try our Free Future Trend Analysis Report.