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Future Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

CRUDE OIL Dec 2023 (E) (NYMEX:CL.Z23.E)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

NYMEX_CL.Z23.E
Open High Low CL.Z23.E Price Change
54.85 54.85 54.85 54.81 +0.55
Entry Signal

MarketClub’s Trade Triangles for CL.Z23.E

long term up The long term trend has been UP since May 15th, 2018 at 52.76

intermediate term up The intermediate term trend has been UP since May 7th, 2018 at 51.02

short term up The short term trend has been UP since May 9th, 2018 at 51.75

Smart Scan Analysis for CL.Z23.E

Based on a pre-defined weighted trend formula for chart analysis, CL.Z23.E scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for CL.Z23.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.85 54.85 54.85 54.81 +0.55
Prev. Close Volume Bid Ask Time
54.85 41 2018-05-21 15:17:14
Contract High67.55Contract High Date2015-07-06
Contract Low46.32Contract Low Date2016-01-20
Estimated Volume95First Delivery2023-12-31
Expiration2023-11-21Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL Dec 2023 (E) CL.Z23.E or another symbol? Try our Free Future Trend Analysis Report.