Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

CRUDE OIL May 2018 (E) (NYMEX:CL.K18.E)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.

Open High Low CL.K18.E Price Change
64.28 65.42 64.11 65.14 +0.84
Entry Signal

MarketClub’s Trade Triangles for CL.K18.E

long term up The long term trend has been UP since Sep 7th, 2017 at 50.84

intermediate term up The intermediate term trend has been UP since Mar 21st, 2018 at 64.07

short term up The short term trend has been UP since Mar 16th, 2018 at 61.97

Smart Scan Analysis for CL.K18.E

Based on a pre-defined weighted trend formula for chart analysis, CL.K18.E scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CL.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.28 65.42 64.11 65.14 +0.84
Prev. Close Volume Bid Ask Time
64.21 357517 2018-03-23 10:14:45
Contract High68.69Contract High Date2015-02-03
Contract Low44Contract Low Date2016-04-06
Estimated Volume689172First Delivery2018-05-31
Expiration2018-04-20Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL May 2018 (E) CL.K18.E or another symbol? Try our Free Future Trend Analysis Report.