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Future Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

CRUDE OIL May 2019 (E) (NYMEX:CL.K19.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.K19.E
Open High Low CL.K19.E Price Change
57.79 58.13 56.00 57.84 +0.41
Entry Signal

MarketClub’s Trade Triangles for CL.K19.E

long term down The long term trend has been DOWN since Nov 6th, 2018 at 62.47

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 69.67

short term down The short term trend has been DOWN since Oct 17th, 2018 at 70.34

Smart Scan Analysis for CL.K19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.K19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.79 58.13 56.00 57.84 +0.41
Prev. Close Volume Bid Ask Time
57.84 2 2018-11-19 16:59:57
Contract High75.8Contract High Date2018-10-03
Contract Low48.2Contract Low Date2017-05-04
Estimated Volume15640First Delivery2019-05-31
Expiration2019-04-22Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL May 2019 (E) CL.K19.E or another symbol? Try our Free Future Trend Analysis Report.