Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

CRUDE OIL Jan 2020 (E) (NYMEX:CL.F20.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.F20.E
Open High Low CL.F20.E Price Change
69.51 69.56 69.48 68.01 -1.44
Entry Signal

MarketClub’s Trade Triangles for CL.F20.E

long term up The long term trend has been UP since Sep 6th, 2017 at 50.99

intermediate term up The intermediate term trend has been UP since Aug 24th, 2018 at 63.87

short term up The short term trend has been UP since Oct 16th, 2018 at 69.07

Smart Scan Analysis for CL.F20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.F20.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CL.F20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.51 69.56 69.48 68.01 -1.44
Prev. Close Volume Bid Ask Time
69.56 2170 2018-10-16 14:38:35
Contract High71.85Contract High Date2018-10-03
Contract Low52.55Contract Low Date2018-02-13
Estimated Volume985First Delivery2020-01-31
Expiration2019-12-19Open Time09:00
Close Time14:30
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