Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, March 23, 2017.

CRUDE OIL May 2017 (E) (NYMEX:CL.K17.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.K17.E
Open High Low CL.K17.E Price Change
48.15 48.48 47.58 47.69 -0.35
Entry Signal

MarketClub’s Trade Triangles for CL.K17.E

long term down The long term trend has been DOWN since Mar 8th, 2017 at 52.01

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2017 at 54.36

short term down The short term trend has been DOWN since Mar 20th, 2017 at 48.83

Smart Scan Analysis for CL.K17.E

Based on a pre-defined weighted trend formula for chart analysis, CL.K17.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for CL.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.15 48.48 47.58 47.69 -0.35
Prev. Close Volume Bid Ask Time
48.16 483594 2017-03-23 15:56:34
Contract High89Contract High Date2012-05-02
Contract Low41.17Contract Low Date2016-02-17
Estimated Volume206907First Delivery2017-05-31
Expiration2017-04-20Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL May 2017 (E) CL.K17.E or another symbol? Try our Free Future Trend Analysis Report.