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Future Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

CRUDE OIL Dec 2018 (E) (NYMEX:CL.Z18.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.Z18.E
Open High Low CL.Z18.E Price Change
56.72 57.33 55.08 57.17 +0.71
Entry Signal

MarketClub’s Trade Triangles for CL.Z18.E

long term down The long term trend has been DOWN since Nov 1st, 2018 at 63.48

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 70.47

short term down The short term trend has been DOWN since Oct 30th, 2018 at 66.20

Smart Scan Analysis for CL.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.72 57.33 55.08 57.17 +0.71
Prev. Close Volume Bid Ask Time
56.83 24168 2018-11-19 14:29:55
Contract High106.6Contract High Date2011-05-02
Contract Low40.6Contract Low Date2016-01-20
Estimated Volume159001First Delivery2018-12-31
Expiration2018-11-19Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Dec 2018 (E) CL.Z18.E or another symbol? Try our Free Future Trend Analysis Report.