Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

CRUDE OIL Dec 2019 (NYMEX:CL.Z19)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.Z19
Open High Low CL.Z19 Price Change
54.40 55.71 54.40 55.32 +0.87
Entry Signal

MarketClub’s Trade Triangles for CL.Z19

long term down The long term trend has been DOWN since Nov 13th, 2018 at 60.80

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 53.50

short term up The short term trend has been UP since Jan 17th, 2019 at 54.52

Smart Scan Analysis for CL.Z19

Based on a pre-defined weighted trend formula for chart analysis, CL.Z19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.40 55.71 54.40 55.32 +0.87
Prev. Close Volume Bid Ask Time
51.71 56390 2019-01-18 16:55:00
First Delivery2019-12-31Expiration2019-11-20
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Dec 2019 CL.Z19 or another symbol? Try our Free Future Trend Analysis Report.