Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

CRUDE OIL Oct 2018 (E) (NYMEX:CL.V18.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.V18.E
Open High Low CL.V18.E Price Change
59.17 59.61 58.86 59.21 -0.09
Entry Signal

MarketClub’s Trade Triangles for CL.V18.E

long term up The long term trend has been UP since Sep 5th, 2017 at 50.54

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2018 at 60.84

short term up The short term trend has been UP since Feb 15th, 2018 at 58.08

Smart Scan Analysis for CL.V18.E

Based on a pre-defined weighted trend formula for chart analysis, CL.V18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CL.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.17 59.61 58.86 59.21 -0.09
Prev. Close Volume Bid Ask Time
59.3 3 2018-02-20 12:35:15
Contract High63.27Contract High Date2018-01-26
Contract Low43Contract Low Date2016-02-11
Estimated Volume8483First Delivery2018-10-31
Expiration2018-09-20Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Oct 2018 (E) CL.V18.E or another symbol? Try our Free Future Trend Analysis Report.