Future Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
CRUDE OIL (E-MINI) Mar 2019 (E) (NYMEX:QM.H19.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 QM.H19.E
The long term trend has been UP since Sep 5th, 2017 at 50.550
The intermediate term trend has been UP since Jun 26th, 2018 at 65.025
The short term trend has been DOWN since Jul 11th, 2018 at 66.700
Smart Scan Analysis for QM.H19.E
Based on a pre-defined weighted trend formula for chart analysis, QM.H19.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||68.5||Contract High Date||2018-05-21|
|Contract Low||61||Contract Low Date||2018-04-10|
|Estimated Volume||16||First Delivery||2019-03-31|