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Future Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low CL.Q20.E Price Change
65.55 65.55 65.55 65.79 +0.71
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 Aug 24th, 2018 at 61.92

short term down The short term trend has been DOWN since Oct 17th, 2018 at 66.27

Smart Scan Analysis for CL.Q20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Q20.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CL.Q20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.55 65.55 65.55 65.79 +0.71
Prev. Close Volume Bid Ask Time
65.79 60 2018-10-19 14:36:44
Contract High66.27Contract High Date2018-10-11
Contract Low49.9Contract Low Date2017-10-04
Estimated Volume71First Delivery2020-08-31
Expiration2020-07-21Open Time18:00
Close Time17:00
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