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Future Trend Analysis Report

Prepared for you on Monday, July 23, 2018.

CRUDE OIL (E-MINI) Oct 2018 (E) (NYMEX:QM.V18.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low QM.V18.E Price Change
66.700 66.725 66.450 66.725 +0.075
Entry Signal

MarketClub’s Trade Triangles for QM.V18.E

long term up The long term trend has been UP since Sep 5th, 2017 at 50.5

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 65.8

short term down The short term trend has been DOWN since Jul 11th, 2018 at 69.1

Smart Scan Analysis for QM.V18.E

Based on a pre-defined weighted trend formula for chart analysis, QM.V18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for QM.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.700 66.725 66.450 66.725 +0.075
Prev. Close Volume Bid Ask Time
66.525 19 2018-07-23 03:45:27
Contract High71.525Contract High Date2018-05-22
Contract Low51.825Contract Low Date2017-09-26
Estimated Volume376First Delivery2018-10-31
Expiration2018-09-19Open Time18:00
Close Time17:15
Want to analyze CRUDE OIL (E-MINI) Oct 2018 (E) QM.V18.E or another symbol? Try our Free Future Trend Analysis Report.