Future Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
CRUDE OIL (E-MINI) Jun 2019 (NYMEX:QM.M19)
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.
MarketClub’s Trade Triangles for QM.M19
The long term trend has been UP since Mar 13th, 2019 at 58.725
The intermediate term trend has been UP since May 20th, 2019 at 63.675
The short term trend has been DOWN since May 20th, 2019 at 62.525
Smart Scan Analysis for QM.M19
Based on a pre-defined weighted trend formula for chart analysis, QM.M19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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