Future Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
CRUDE OIL (E-MINI) Sep 2017 (E) (NYMEX:QM.U17.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.U17.E
The long term trend has been DOWN since Mar 8th, 2017 at 53.800
The intermediate term trend has been UP since Jul 3rd, 2017 at 47.125
The short term trend has been UP since Jul 12th, 2017 at 45.475
Smart Scan Analysis for QM.U17.E
Based on a pre-defined weighted trend formula for chart analysis, QM.U17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||56.425||Contract High Date||2017-01-13|
|Contract Low||42.4||Contract Low Date||2017-06-21|
|Estimated Volume||3829||First Delivery||2017-09-30|