Future Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
CRUDE OIL Dec 2022 (E) (NYMEX:CL.Z22.E)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for CL.Z22.E
The long term trend has been UP since Jan 2nd, 2018 at 51.80
The intermediate term trend has been UP since Nov 7th, 2018 at 59.49
The short term trend has been UP since Nov 6th, 2018 at 58.20
Smart Scan Analysis for CL.Z22.E
Based on a pre-defined weighted trend formula for chart analysis, CL.Z22.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||87.99||Contract High Date||2014-08-26|
|Contract Low||45.6||Contract Low Date||2016-01-20|
|Estimated Volume||1105||First Delivery||2022-12-31|