Future Trend Analysis Report
Prepared for you on Wednesday, January 16, 2019.
CRUDE OIL (TAS) Feb 2019 (NYMEX:CLT.G19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for CLT.G19
The long term trend has been UP since Dec 31st, 2018 at 9
The intermediate term trend has been UP since Dec 31st, 2018 at 9
The short term trend has been DOWN since Jan 15th, 2019 at -3
Smart Scan Analysis for CLT.G19
Based on a pre-defined weighted trend formula for chart analysis, CLT.G19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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