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Future Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

CRUDE OIL Feb 2020 (NYMEX:CL.G20)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_CL.G20
Open High Low CL.G20 Price Change
58.59 58.98 58.27 58.78 +0.19
Entry Signal

MarketClub’s Trade Triangles for CL.G20

long term up The long term trend has been UP since Dec 13th, 2019 at 60.00

intermediate term down The intermediate term trend has been DOWN since Jan 9th, 2020 at 59.62

short term up The short term trend has been UP since Jan 16th, 2020 at 58.32

Smart Scan Analysis for CL.G20

Based on a pre-defined weighted trend formula for chart analysis, CL.G20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CL.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.59 58.98 58.27 58.78 +0.19
Prev. Close Volume Bid Ask Time
58.09 90534 2020-01-17 16:59:26
First Delivery2020-02-29Expiration2020-01-21
Open Time18:00Close Time17:00
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