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Spread Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

CRUDE OIL (E-MINI) Sep 2018/May 2022 Spread (NYMEX:QM.U18_K22.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_QM.U18_K22.E
Open High Low QM.U18_K22.E Price Change
12.225 12.225 12.225 12.225 -0.100
Entry Signal

MarketClub’s Trade Triangles for QM.U18_K22.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 QM.U18_K22.E

Based on a pre-defined weighted trend formula for chart analysis, QM.U18_K22.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for QM.U18_K22.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.225 12.225 12.225 12.225 -0.100
Prev. Close Volume Bid Ask Time
12.325 0 2018-07-17 19:34:51
Contract High15.575Contract High Date2018-07-10
Contract Low12.6Contract Low Date2018-07-16
Open Time18:00Close Time17:15
Want to analyze CRUDE OIL (E-MINI) Sep 2018/May 2022 Spread QM.U18_K22.E or another symbol? Try our Free Spread Trend Analysis Report.