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Future Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

CRUDE OIL (E-MINI) Nov 2018 (E) (NYMEX:QM.X18.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.X18.E Price Change
64.60 65.50 64.45 64.95 +0.40
Entry Signal

MarketClub’s Trade Triangles for QM.X18.E

long term up The long term trend has been UP since Sep 5th, 2017 at 50.525

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 65.275

short term down The short term trend has been DOWN since Aug 15th, 2018 at 64.925

Smart Scan Analysis for QM.X18.E

Based on a pre-defined weighted trend formula for chart analysis, QM.X18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for QM.X18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.60 65.50 64.45 64.95 +0.40
Prev. Close Volume Bid Ask Time
65.05 82 2018-08-17 14:34:32
Contract High70.75Contract High Date2018-05-22
Contract Low48.3Contract Low Date2017-08-28
Estimated Volume36First Delivery2018-11-30
Expiration2018-10-19Open Time18:00
Close Time17:15
Want to analyze CRUDE OIL (E-MINI) Nov 2018 (E) QM.X18.E or another symbol? Try our Free Future Trend Analysis Report.