Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

CRUDE OIL Dec 2021 (E) (NYMEX:CL.Z21.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Z21.E
Open High Low CL.Z21.E Price Change
53.00 53.20 53.00 53.20 -0.07
Entry Signal

MarketClub’s Trade Triangles for CL.Z21.E

long term down The long term trend has been DOWN since Nov 20th, 2018 at 56.30

intermediate term down The intermediate term trend has been DOWN since Nov 13th, 2018 at 58.35

short term down The short term trend has been DOWN since Nov 13th, 2018 at 59.73

Smart Scan Analysis for CL.Z21.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z21.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.Z21.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.00 53.20 53.00 53.20 -0.07
Prev. Close Volume Bid Ask Time
56.87 8 2018-11-20 20:13:42
Contract High88.88Contract High Date2014-07-08
Contract Low45.2Contract Low Date2016-01-21
Estimated Volume2092First Delivery2021-12-31
Expiration2021-11-22Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Dec 2021 (E) CL.Z21.E or another symbol? Try our Free Future Trend Analysis Report.