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Future Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

CRUDE OIL Dec 2019 (NYMEX:CL.Z19)

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.Z19
Open High Low CL.Z19 Price Change
54.54 54.54 53.00 53.30 -1.06
Entry Signal

MarketClub’s Trade Triangles for CL.Z19

long term down The long term trend has been DOWN since Nov 13th, 2018 at 60.80

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 67.40

short term down The short term trend has been DOWN since Dec 14th, 2018 at 53.19

Smart Scan Analysis for CL.Z19

Based on a pre-defined weighted trend formula for chart analysis, CL.Z19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.54 54.54 53.00 53.30 -1.06
Prev. Close Volume Bid Ask Time
54.54 24286 2018-12-14 16:55:00
First Delivery2019-12-31Expiration2019-11-20
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Dec 2019 CL.Z19 or another symbol? Try our Free Future Trend Analysis Report.