Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

CRUDE OIL May 2019 (NYMEX:CL.K19)

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_CL.K19
Open High Low CL.K19 Price Change
63.75 64.16 63.46 64.02 +0.26
Entry Signal

MarketClub’s Trade Triangles for CL.K19

long term up The long term trend has been UP since Mar 13th, 2019 at 58.28

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 52.61

short term down The short term trend has been DOWN since Apr 14th, 2019 at 63.66

Smart Scan Analysis for CL.K19

Based on a pre-defined weighted trend formula for chart analysis, CL.K19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CL.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.75 64.16 63.46 64.02 +0.26
Prev. Close Volume Bid Ask Time
56.8 114755 2019-04-18 16:57:31
First Delivery2019-05-31Expiration2019-04-22
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL May 2019 CL.K19 or another symbol? Try our Free Future Trend Analysis Report.