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Future Trend Analysis Report

Prepared for you on Friday, August 18, 2017.

CRUDE OIL Dec 2019 (E) (NYMEX:CL.Z19.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.Z19.E
Open High Low CL.Z19.E Price Change
48.49 49.89 48.48 49.83 +1.29
Entry Signal

MarketClub’s Trade Triangles for CL.Z19.E

long term down The long term trend has been DOWN since Mar 8th, 2017 at 52.87

intermediate term down The intermediate term trend has been DOWN since Aug 11th, 2017 at 48.90

short term up The short term trend has been UP since Aug 18th, 2017 at 49.19

Smart Scan Analysis for CL.Z19.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z19.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CL.Z19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.49 49.89 48.48 49.83 +1.29
Prev. Close Volume Bid Ask Time
48.43 5121 2017-08-18 16:05:15
Contract High107.26Contract High Date2011-05-02
Contract Low42.51Contract Low Date2016-01-20
Estimated Volume482First Delivery2019-12-31
Expiration2019-11-20Open Time09:00
Close Time14:30
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