Future Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
CRUDE OIL Feb 2019 (NYMEX:CL.G19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for CL.G19
The long term trend has been DOWN since Nov 2nd, 2018 at 63.11
The intermediate term trend has been UP since Jan 9th, 2019 at 51.78
The short term trend has been UP since Jan 16th, 2019 at 52.11
Smart Scan Analysis for CL.G19
Based on a pre-defined weighted trend formula for chart analysis, CL.G19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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