Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, January 23, 2019.

CRUDE OIL Jun 2020 (NYMEX:CL.M20)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

NYMEX_CL.M20
Open High Low CL.M20 Price Change
54.61 55.34 53.87 54.42 -0.38
Entry Signal

MarketClub’s Trade Triangles for CL.M20

long term down The long term trend has been DOWN since Nov 13th, 2018 at 59.50

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 52.63

short term up The short term trend has been UP since Jan 23rd, 2019 at 55.25

Smart Scan Analysis for CL.M20

Based on a pre-defined weighted trend formula for chart analysis, CL.M20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CL.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.61 55.34 53.87 54.42 -0.38
Prev. Close Volume Bid Ask Time
54.42 6337 2019-01-23 16:59:11
First Delivery2020-06-30Expiration2020-05-19
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Jun 2020 CL.M20 or another symbol? Try our Free Future Trend Analysis Report.