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Future Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

CRUDE OIL Dec 2018 (E) (NYMEX:CL.Z18.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.Z18.E
Open High Low CL.Z18.E Price Change
50.99 51.45 50.88 51.33 +0.46
Entry Signal

MarketClub’s Trade Triangles for CL.Z18.E

long term up The long term trend has been UP since Sep 6th, 2017 at 50.84

intermediate term up The intermediate term trend has been UP since Sep 5th, 2017 at 50.29

short term down The short term trend has been DOWN since Sep 19th, 2017 at 50.75

Smart Scan Analysis for CL.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CL.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.99 51.45 50.88 51.33 +0.46
Prev. Close Volume Bid Ask Time
51.05 40963 2017-09-20 14:09:15
Contract High106.6Contract High Date2011-05-02
Contract Low40.6Contract Low Date2016-01-20
Estimated Volume7965First Delivery2018-12-31
Expiration2018-11-19Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Dec 2018 (E) CL.Z18.E or another symbol? Try our Free Future Trend Analysis Report.