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Spread Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

CRUDE OIL (E-MINI) Oct 2019/Jul 2023 Spread (NYMEX:QM.V19_N23.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_QM.V19_N23.E
Open High Low QM.V19_N23.E Price Change
-0.10 -0.10 -0.10 -0.10 +0.15
Entry Signal

MarketClub’s Trade Triangles for QM.V19_N23.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.V19_N23.E

Based on a pre-defined weighted trend formula for chart analysis, QM.V19_N23.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for QM.V19_N23.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.10 -0.10 -0.10 -0.10 +0.15
Prev. Close Volume Bid Ask Time
-0.25 0 2018-11-13 19:01:26
Contract High9.425Contract High Date2018-10-26
Contract Low2.125Contract Low Date2018-11-12
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Oct 2019/Jul 2023 Spread QM.V19_N23.E or another symbol? Try our Free Spread Trend Analysis Report.