Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

CRUDE OIL Apr 2019 (E) (NYMEX:CL.J19.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.J19.E
Open High Low CL.J19.E Price Change
63.51 64.19 63.49 64.10 +0.62
Entry Signal

MarketClub’s Trade Triangles for CL.J19.E

long term up The long term trend has been UP since Sep 5th, 2017 at 50.59

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 63.25

short term down The short term trend has been DOWN since Aug 15th, 2018 at 63.55

Smart Scan Analysis for CL.J19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.J19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CL.J19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.51 64.19 63.49 64.10 +0.62
Prev. Close Volume Bid Ask Time
63.44 481 2018-08-17 09:17:49
Contract High68.41Contract High Date2018-05-22
Contract Low50.35Contract Low Date2017-10-04
Estimated Volume9583First Delivery2019-04-30
Expiration2019-03-20Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Apr 2019 (E) CL.J19.E or another symbol? Try our Free Future Trend Analysis Report.