Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

CRUDE OIL Jul 2018 (E) (NYMEX:CL.N18.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.N18.E
Open High Low CL.N18.E Price Change
70.65 70.80 70.63 70.69 -0.02
Entry Signal

MarketClub’s Trade Triangles for CL.N18.E

long term up The long term trend has been UP since Sep 6th, 2017 at 50.56

intermediate term up The intermediate term trend has been UP since Mar 20th, 2018 at 63.27

short term down The short term trend has been DOWN since May 23rd, 2018 at 71.32

Smart Scan Analysis for CL.N18.E

Based on a pre-defined weighted trend formula for chart analysis, CL.N18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for CL.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.65 70.80 70.63 70.69 -0.02
Prev. Close Volume Bid Ask Time
71.83 9049 2018-05-24 21:18:37
Contract High72.9Contract High Date2018-05-22
Contract Low42.14Contract Low Date2016-01-25
Estimated Volume702791First Delivery2018-07-31
Expiration2018-06-20Open Time09:00
Close Time14:30
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