Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, May 24, 2017.

CRUDE OIL Dec 2017 (E) (NYMEX:CL.Z17.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.Z17.E
Open High Low CL.Z17.E Price Change
52.01 52.32 52.01 52.26 +0.17
Entry Signal

MarketClub’s Trade Triangles for CL.Z17.E

long term down The long term trend has been DOWN since Mar 8th, 2017 at 52.83

intermediate term up The intermediate term trend has been UP since May 21st, 2017 at 51.61

short term up The short term trend has been UP since May 10th, 2017 at 48.73

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
52.01 52.32 52.01 52.26 +0.17
Prev. Close Volume Bid Ask Time
52.26 145 2017-05-24 18:47:26
Contract High107.3Contract High Date2011-05-02
Contract Low37.73Contract Low Date2016-01-20
Estimated Volume40684First Delivery2017-12-31
Expiration2017-11-20Open Time18:00
Close Time17:00
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