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Future Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

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

Open High Low CL.F20.E Price Change
52.21 52.26 52.10 51.88 -0.97
Entry Signal

MarketClub’s Trade Triangles for CL.F20.E

long term down The long term trend has been DOWN since Nov 13th, 2018 at 60.89

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 67.75

short term down The short term trend has been DOWN since Nov 9th, 2018 at 62.50

Smart Scan Analysis for CL.F20.E

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

Smart Scan Analysis for CL.F20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.21 52.26 52.10 51.88 -0.97
Prev. Close Volume Bid Ask Time
52.85 978 2018-11-30 14:28:17
Contract High71.85Contract High Date2018-10-03
Contract Low51.93Contract Low Date2018-11-23
Estimated Volume3741First Delivery2020-01-31
Expiration2019-12-19Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Jan 2020 (E) CL.F20.E or another symbol? Try our Free Future Trend Analysis Report.