Future Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
CRUDE OIL (E-MINI) Nov 2018 (E) (NYMEX:QM.X18.E)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for QM.X18.E
The long term trend has been UP since Sep 5th, 2017 at 50.525
The intermediate term trend has been UP since Feb 26th, 2018 at 60.550
The short term trend has been UP since May 15th, 2018 at 69.650
Smart Scan Analysis for QM.X18.E
Based on a pre-defined weighted trend formula for chart analysis, QM.X18.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||70.4||Contract High Date||2018-05-21|
|Contract Low||48.3||Contract Low Date||2017-08-28|
|Estimated Volume||33||First Delivery||2018-11-30|