Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, February 27, 2017.

CRUDE OIL Nov 2017 (E) (NYMEX:CL.X17.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.X17.E
Open High Low CL.X17.E Price Change
55.23 55.37 55.15 55.37 +0.45
Entry Signal

MarketClub’s Trade Triangles for CL.X17.E

long term up The long term trend has been UP since Oct 6th, 2016 at 53.87

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2017 at 55.37

short term up The short term trend has been UP since Feb 21st, 2017 at 55.40

Smart Scan Analysis for CL.X17.E

Based on a pre-defined weighted trend formula for chart analysis, CL.X17.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for CL.X17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.23 55.37 55.15 55.37 +0.45
Prev. Close Volume Bid Ask Time
54.97 2651 2017-02-27 11:05:18
Contract High88.3Contract High Date2012-05-02
Contract Low40.9Contract Low Date2016-01-15
Estimated Volume1488First Delivery2017-11-30
Expiration2017-10-20Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Nov 2017 (E) CL.X17.E or another symbol? Try our Free Future Trend Analysis Report.