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Future Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

CRUDE OIL Nov 2019 (NYMEX:CL.X19)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.X19
Open High Low CL.X19 Price Change
55.37 55.76 54.13 54.83 -0.68
Entry Signal

MarketClub’s Trade Triangles for CL.X19

long term down The long term trend has been DOWN since Nov 9th, 2018 at 61.39

intermediate term up The intermediate term trend has been UP since Jan 8th, 2019 at 52.18

short term down The short term trend has been DOWN since Jan 22nd, 2019 at 54.61

Smart Scan Analysis for CL.X19

Based on a pre-defined weighted trend formula for chart analysis, CL.X19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CL.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.37 55.76 54.13 54.83 -0.68
Prev. Close Volume Bid Ask Time
51.5 6079 2019-01-22 15:02:25
First Delivery2019-11-30Expiration2019-10-22
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Nov 2019 CL.X19 or another symbol? Try our Free Future Trend Analysis Report.