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Future Trend Analysis Report

Prepared for you on Monday, July 23, 2018.

CRUDE OIL Feb 2020 (E) (NYMEX:CL.G20.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

NYMEX_CL.G20.E
Open High Low CL.G20.E Price Change
59.05 59.05 59.05 61.52 +0.24
Entry Signal

MarketClub’s Trade Triangles for CL.G20.E

long term up The long term trend has been UP since Sep 6th, 2017 at 51.04

intermediate term down The intermediate term trend has been DOWN since Jun 15th, 2018 at 60.05

short term down The short term trend has been DOWN since Jun 15th, 2018 at 61.17

Smart Scan Analysis for CL.G20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.G20.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CL.G20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.05 59.05 59.05 61.52 +0.24
Prev. Close Volume Bid Ask Time
61.52 547 2018-07-20 14:42:36
Contract High63.13Contract High Date2018-05-21
Contract Low50.15Contract Low Date2017-10-20
Estimated Volume1910First Delivery2020-02-29
Expiration2020-01-21Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Feb 2020 (E) CL.G20.E or another symbol? Try our Free Future Trend Analysis Report.