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Future Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

CRUDE OIL Aug 2020 (E) (NYMEX:CL.Q20.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.Q20.E
Open High Low CL.Q20.E Price Change
58.72 58.72 58.72 59.67 +1.53
Entry Signal

MarketClub’s Trade Triangles for CL.Q20.E

long term up The long term trend has been UP since Nov 8th, 2017 at 51.40

intermediate term up The intermediate term trend has been UP since Feb 26th, 2018 at 54.25

short term down The short term trend has been DOWN since May 24th, 2018 at 61.31

Smart Scan Analysis for CL.Q20.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Q20.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CL.Q20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.72 58.72 58.72 59.67 +1.53
Prev. Close Volume Bid Ask Time
59.67 1 2018-06-22 14:45:40
Contract High59.67Contract High Date2018-06-22
Contract Low49.9Contract Low Date2017-10-04
Estimated Volume41First Delivery2020-08-31
Expiration2020-07-21Open Time09:00
Close Time14:30
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