Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

CRUDE OIL Nov 2019 (E) (NYMEX:CL.X19.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.X19.E
Open High Low CL.X19.E Price Change
68.34 68.81 68.34 68.47 +0.69
Entry Signal

MarketClub’s Trade Triangles for CL.X19.E

long term up The long term trend has been UP since Sep 5th, 2017 at 50.87

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 68.66

short term down The short term trend has been DOWN since Oct 18th, 2018 at 68.92

Smart Scan Analysis for CL.X19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.X19.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CL.X19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.34 68.81 68.34 68.47 +0.69
Prev. Close Volume Bid Ask Time
68.4 1035 2018-10-19 14:36:44
Contract High73.52Contract High Date2018-10-03
Contract Low50.5Contract Low Date2017-10-06
Estimated Volume2146First Delivery2019-11-30
Expiration2019-10-22Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Nov 2019 (E) CL.X19.E or another symbol? Try our Free Future Trend Analysis Report.