Future Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
CRUDE OIL Nov 2019 (E) (NYMEX:CL.X19.E)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for CL.X19.E
The long term trend has been UP since Sep 5th, 2017 at 50.87
The intermediate term trend has been UP since Feb 26th, 2018 at 56.28
The short term trend has been UP since Apr 18th, 2018 at 58.56
Smart Scan Analysis for CL.X19.E
Based on a pre-defined weighted trend formula for chart analysis, CL.X19.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||59.8||Contract High Date||2018-04-19|
|Contract Low||50.5||Contract Low Date||2017-10-06|
|Estimated Volume||3043||First Delivery||2019-11-30|