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Future Trend Analysis Report

Prepared for you on Saturday, May 26, 2018.

CRUDE OIL Dec 2024 (E) (NYMEX:CL.Z24.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.Z24.E
Open High Low CL.Z24.E Price Change
52.84 52.84 52.84 52.31 -0.96
Entry Signal

MarketClub’s Trade Triangles for CL.Z24.E

long term up The long term trend has been UP since Jan 9th, 2018 at 52.94

intermediate term up The intermediate term trend has been UP since May 7th, 2018 at 51.33

short term down The short term trend has been DOWN since May 23rd, 2018 at 53.80

Smart Scan Analysis for CL.Z24.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z24.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CL.Z24.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.84 52.84 52.84 52.31 -0.96
Prev. Close Volume Bid Ask Time
52.31 3 2018-05-25 14:43:30
Contract High58.77Contract High Date2016-09-28
Contract Low48Contract Low Date2016-01-20
Estimated Volume12First Delivery2024-12-31
Expiration2024-11-20Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Dec 2024 (E) CL.Z24.E or another symbol? Try our Free Future Trend Analysis Report.