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Future Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

CRUDE OIL Dec 2024 (E) (NYMEX:CL.Z24.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.Z24.E
Open High Low CL.Z24.E Price Change
55.45 55.45 55.45 55.23 +0.28
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 Jul 24th, 2018 at 54.51

short term up The short term trend has been UP since Aug 6th, 2018 at 54.51

Smart Scan Analysis for CL.Z24.E

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

+100
Smart Scan Analysis for CL.Z24.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.45 55.45 55.45 55.23 +0.28
Prev. Close Volume Bid Ask Time
55.23 1 2018-08-17 14:36:02
Contract High58.77Contract High Date2016-09-28
Contract Low48Contract Low Date2016-01-20
Estimated Volume1First Delivery2024-12-31
Expiration2024-11-20Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Dec 2024 (E) CL.Z24.E or another symbol? Try our Free Future Trend Analysis Report.