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Future Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

CRUDE OIL Dec 2019 (E) (NYMEX:CL.Z19.E)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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.

Open High Low CL.Z19.E Price Change
67.63 68.71 67.49 68.38 +0.88
Entry Signal

MarketClub’s Trade Triangles for CL.Z19.E

long term up The long term trend has been UP since Sep 18th, 2017 at 51.39

intermediate term up The intermediate term trend has been UP since Aug 24th, 2018 at 64.41

short term down The short term trend has been DOWN since Oct 17th, 2018 at 68.63

Smart Scan Analysis for CL.Z19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z19.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CL.Z19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.63 68.71 67.49 68.38 +0.88
Prev. Close Volume Bid Ask Time
67.49 35462 2018-10-19 16:55:00
Contract High107.26Contract High Date2011-05-02
Contract Low42.51Contract Low Date2016-01-20
Estimated Volume50046First Delivery2019-12-31
Expiration2019-11-20Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Dec 2019 (E) CL.Z19.E or another symbol? Try our Free Future Trend Analysis Report.