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Future Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

CRUDE OIL (E-MINI) Jan 2019 (E) (NYMEX:QM.F19.E)

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

Open High Low QM.F19.E Price Change
56.800 58.175 56.125 57.025 +0.350
Entry Signal

MarketClub’s Trade Triangles for QM.F19.E

long term down The long term trend has been DOWN since Nov 1st, 2018 at 63.900

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 70.500

short term down The short term trend has been DOWN since Oct 30th, 2018 at 66.425

Smart Scan Analysis for QM.F19.E

Based on a pre-defined weighted trend formula for chart analysis, QM.F19.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for QM.F19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.800 58.175 56.125 57.025 +0.350
Prev. Close Volume Bid Ask Time
56.775 19436 2018-11-16 12:50:47
Contract High76.525Contract High Date2018-10-03
Contract Low54.9Contract Low Date2018-11-13
Estimated Volume7374First Delivery2019-01-31
Expiration2018-12-18Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Jan 2019 (E) QM.F19.E or another symbol? Try our Free Future Trend Analysis Report.