Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

CRUDE OIL Nov 2019 (E) (NYMEX:CL.X19.E)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

NYMEX_CL.X19.E
Open High Low CL.X19.E Price Change
50.88 50.88 50.88 52.18 +0.37
Entry Signal

MarketClub’s Trade Triangles for CL.X19.E

long term up The long term trend has been UP since Sep 5th, 2017 at 50.87

intermediate term up The intermediate term trend has been UP since Oct 26th, 2017 at 50.78

short term up The short term trend has been UP since Oct 24th, 2017 at 50.55

Smart Scan Analysis for CL.X19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.X19.E scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for CL.X19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.88 50.88 50.88 52.18 +0.37
Prev. Close Volume Bid Ask Time
52.18 870 2017-11-17 14:59:30
Contract High50.88Contract High Date2017-10-26
Contract Low50.5Contract Low Date2017-10-06
Estimated Volume336First Delivery2019-11-30
Expiration2019-10-22Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Nov 2019 (E) CL.X19.E or another symbol? Try our Free Future Trend Analysis Report.