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Future Trend Analysis Report

Prepared for you on Monday, February 27, 2017.

CRUDE OIL Dec 2017 (E) (NYMEX:CL.Z17.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.Z17.E
Open High Low CL.Z17.E Price Change
54.97 55.42 54.89 55.20 +0.31
Entry Signal

MarketClub’s Trade Triangles for CL.Z17.E

long term up The long term trend has been UP since Oct 6th, 2016 at 54.24

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2017 at 55.32

short term down The short term trend has been DOWN since Feb 22nd, 2017 at 54.82

Smart Scan Analysis for CL.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z17.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CL.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.97 55.42 54.89 55.20 +0.31
Prev. Close Volume Bid Ask Time
54.9 29580 2017-02-27 11:13:41
Contract High107.3Contract High Date2011-05-02
Contract Low37.73Contract Low Date2016-01-20
Estimated Volume18191First Delivery2017-12-31
Expiration2017-11-20Open Time18:00
Close Time17:00
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