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Spread Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

WTI BRENT CALENDAR Apr 2019/May 2019 Spread (NYMEX:BK.J19_K19.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_BK.J19_K19.E
Open High Low BK.J19_K19.E Price Change
-0.19 -0.19 -0.19 -0.19 -0.04
Entry Signal

MarketClub’s Trade Triangles for BK.J19_K19.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 BK.J19_K19.E

Based on a pre-defined weighted trend formula for chart analysis, BK.J19_K19.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BK.J19_K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.19 -0.19 -0.19 -0.19 -0.04
Prev. Close Volume Bid Ask Time
-0.15 0 2018-10-17 17:42:27
Contract High-0.03Contract High Date2018-09-24
Contract Low-0.15Contract Low Date2018-10-09
Open Time18:00Close Time17:00
Want to analyze WTI BRENT CALENDAR Apr 2019/May 2019 Spread BK.J19_K19.E or another symbol? Try our Free Spread Trend Analysis Report.