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Future Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

CRUDE OIL (E-MINI) Dec 2018 (E) (NYMEX:QM.Z18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

Open High Low QM.Z18.E Price Change
56.600 57.950 56.100 56.125 -0.325
Entry Signal

MarketClub’s Trade Triangles for QM.Z18.E

long term down The long term trend has been DOWN since Nov 1st, 2018 at 63.55

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 70.50

short term down The short term trend has been DOWN since Oct 30th, 2018 at 66.20

Smart Scan Analysis for QM.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, QM.Z18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for QM.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.600 57.950 56.100 56.125 -0.325
Prev. Close Volume Bid Ask Time
56.525 1632 2018-11-16 12:30:35
Contract High76.7Contract High Date2018-10-03
Contract Low40.7Contract Low Date2016-01-20
Estimated Volume17178First Delivery2018-12-31
Expiration2018-11-15Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Dec 2018 (E) QM.Z18.E or another symbol? Try our Free Future Trend Analysis Report.