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Future Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

CRUDE OIL Jun 2019 (NYMEX:CL.M19)

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.M19
Open High Low CL.M19 Price Change
52.64 52.70 52.55 52.70 +0.30
Entry Signal

MarketClub’s Trade Triangles for CL.M19

long term down The long term trend has been DOWN since Nov 6th, 2018 at 62.25

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 69.35

short term down The short term trend has been DOWN since Dec 7th, 2018 at 52.37

Smart Scan Analysis for CL.M19

Based on a pre-defined weighted trend formula for chart analysis, CL.M19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.M19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.64 52.70 52.55 52.70 +0.30
Prev. Close Volume Bid Ask Time
52.64 210 2018-12-12 22:21:39
First Delivery2019-06-30Expiration2019-05-21
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Jun 2019 CL.M19 or another symbol? Try our Free Future Trend Analysis Report.