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Future Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

NY 1% FUEL OIL/ GC 3% FUEL OIL Jun 2020 (E) (NYMEX:VR.M20.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_VR.M20.E
Open High Low VR.M20.E Price Change
14.625 14.625 14.625 14.625 +0.125
Entry Signal

MarketClub’s Trade Triangles for VR.M20.E

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for VR.M20.E

Based on a pre-defined weighted trend formula for chart analysis, VR.M20.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for VR.M20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.625 14.625 14.625 14.625 +0.125
Prev. Close Volume Bid Ask Time
14.625 0 2018-10-17 17:38:27
Contract High15.6Contract High Date2018-09-25
Contract Low14.45Contract Low Date2018-10-11
First Delivery2020-07-15Expiration2020-06-30
Open Time18:00Close Time17:00
Want to analyze NY 1% FUEL OIL/ GC 3% FUEL OIL Jun 2020 (E) VR.M20.E or another symbol? Try our Free Future Trend Analysis Report.