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Future Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

CRUDE OIL (E-MINI) Jul 2019 (NYMEX:QM.N19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_QM.N19
Open High Low QM.N19 Price Change
54.075 54.375 53.300 53.725 -0.175
Entry Signal

MarketClub’s Trade Triangles for QM.N19

long term down The long term trend has been DOWN since May 31st, 2019 at 53.625

intermediate term down The intermediate term trend has been DOWN since May 23rd, 2019 at 60.175

short term down The short term trend has been DOWN since Jun 18th, 2019 at 51.700

Smart Scan Analysis for QM.N19

Based on a pre-defined weighted trend formula for chart analysis, QM.N19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for QM.N19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.075 54.375 53.300 53.725 -0.175
Prev. Close Volume Bid Ask Time
59.05 1591 2019-06-19 14:29:52
First Delivery2019-07-31Expiration2019-06-19
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Jul 2019 QM.N19 or another symbol? Try our Free Future Trend Analysis Report.