Future Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
CRUDE OIL (E-MINI) Jul 2018 (E) (NYMEX:QM.N18.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.
MarketClub’s Trade Triangles for QM.N18.E
The long term trend has been UP since Sep 6th, 2017 at 50.525
The intermediate term trend has been DOWN since May 27th, 2018 at 67.500
The short term trend has been DOWN since Jun 15th, 2018 at 65.525
Smart Scan Analysis for QM.N18.E
Based on a pre-defined weighted trend formula for chart analysis, QM.N18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||72.9||Contract High Date||2018-05-22|
|Contract Low||47.6||Contract Low Date||2017-07-21|
|Estimated Volume||1368||First Delivery||2018-07-31|