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Future Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

CRUDE OIL BRENT LAST DAY Jun 2019 (E) (NYMEX:BZ.M19.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_BZ.M19.E
Open High Low BZ.M19.E Price Change
60.74 60.90 58.92 59.64 -0.94
Entry Signal

MarketClub’s Trade Triangles for BZ.M19.E

long term down The long term trend has been DOWN since Nov 9th, 2018 at 70.64

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 77.93

short term down The short term trend has been DOWN since Oct 30th, 2018 at 75.88

Smart Scan Analysis for BZ.M19.E

Based on a pre-defined weighted trend formula for chart analysis, BZ.M19.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BZ.M19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.74 60.90 58.92 59.64 -0.94
Prev. Close Volume Bid Ask Time
60.33 9317 2018-11-30 16:41:11
Contract High84.29Contract High Date2018-10-03
Contract Low49.48Contract Low Date2017-06-21
Estimated Volume3348Expiration2019-04-30
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL BRENT LAST DAY Jun 2019 (E) BZ.M19.E or another symbol? Try our Free Future Trend Analysis Report.