Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.V18.E
Open High Low CL.V18.E Price Change
63.39 63.93 62.60 63.76 -0.18
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 May 27th, 2018 at 66.31

short term down The short term trend has been DOWN since Jun 15th, 2018 at 64.80

Smart Scan Analysis for CL.V18.E

Based on a pre-defined weighted trend formula for chart analysis, CL.V18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CL.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.39 63.93 62.60 63.76 -0.18
Prev. Close Volume Bid Ask Time
63.25 6799 2018-06-18 04:53:39
Contract High71.63Contract High Date2018-05-22
Contract Low43Contract Low Date2016-02-11
Estimated Volume58517First Delivery2018-10-31
Expiration2018-09-20Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Oct 2018 (E) CL.V18.E or another symbol? Try our Free Future Trend Analysis Report.