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Future Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

CRUDE OIL Nov 2017 (E) (NYMEX:CL.X17.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

Open High Low CL.X17.E Price Change
47.12 47.44 46.78 47.19 +0.09
Entry Signal

MarketClub’s Trade Triangles for CL.X17.E

long term down The long term trend has been DOWN since Mar 8th, 2017 at 52.91

intermediate term up The intermediate term trend has been UP since Jul 3rd, 2017 at 47.57

short term down The short term trend has been DOWN since Aug 10th, 2017 at 48.88

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).

Smart Scan Analysis for CL.X17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.12 47.44 46.78 47.19 +0.09
Prev. Close Volume Bid Ask Time
47.1 78402 2017-08-17 13:09:40
Contract High88.3Contract High Date2012-05-02
Contract Low40.9Contract Low Date2016-01-15
Estimated Volume27205First Delivery2017-11-30
Expiration2017-10-20Open Time09:00
Close Time14:30
Want to analyze CRUDE OIL Nov 2017 (E) CL.X17.E or another symbol? Try our Free Future Trend Analysis Report.