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Spread Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

CRUDE OIL Jan 2019/Sep 2019 Spread (NYMEX:CL.F19_U19.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_CL.F19_U19.E
Open High Low CL.F19_U19.E Price Change
3.03 3.05 3.00 2.08 +0.10
Entry Signal

MarketClub’s Trade Triangles for CL.F19_U19.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 CL.F19_U19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.F19_U19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.F19_U19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.03 3.05 3.00 2.08 +0.10
Prev. Close Volume Bid Ask Time
1.98 1 2018-08-20 17:42:12
Contract High3.05Contract High Date2018-07-13
Contract Low1.96Contract Low Date2018-08-17
Open Time18:00Close Time17:00
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