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Future Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

CRUDE OIL (E-MINI) Dec 2017 (E) (NYMEX:QM.Z17.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

NYMEX_QM.Z17.E
Open High Low QM.Z17.E Price Change
55.275 56.525 55.175 56.550 +1.400
Entry Signal

MarketClub’s Trade Triangles for QM.Z17.E

long term up The long term trend has been UP since Sep 14th, 2017 at 50.525

intermediate term up The intermediate term trend has been UP since Sep 5th, 2017 at 49.450

short term down The short term trend has been DOWN since Nov 13th, 2017 at 56.550

Smart Scan Analysis for QM.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, QM.Z17.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for QM.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.275 56.525 55.175 56.550 +1.400
Prev. Close Volume Bid Ask Time
56.575 2120 2017-11-17 14:34:57
Contract High61.175Contract High Date2015-07-10
Contract Low37.9Contract Low Date2016-01-20
Estimated Volume8049First Delivery2017-12-31
Expiration2017-11-16Open Time18:00
Close Time17:15
Want to analyze CRUDE OIL (E-MINI) Dec 2017 (E) QM.Z17.E or another symbol? Try our Free Future Trend Analysis Report.