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Future Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

CRUDE OIL Mar 2019 (E) (NYMEX:CL.H19.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_CL.H19.E
Open High Low CL.H19.E Price Change
51.59 52.09 50.00 50.97 -0.81
Entry Signal

MarketClub’s Trade Triangles for CL.H19.E

long term down The long term trend has been DOWN since Nov 6th, 2018 at 62.83

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 70.00

short term down The short term trend has been DOWN since Nov 29th, 2018 at 50.41

Smart Scan Analysis for CL.H19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.H19.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for CL.H19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.59 52.09 50.00 50.97 -0.81
Prev. Close Volume Bid Ask Time
51.55 53879 2018-11-30 16:58:03
Contract High76.29Contract High Date2018-10-03
Contract Low48.3Contract Low Date2017-08-31
Estimated Volume49693First Delivery2019-03-31
Expiration2019-02-20Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Mar 2019 (E) CL.H19.E or another symbol? Try our Free Future Trend Analysis Report.