Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

CRUDE OIL (E-MINI) Aug 2019 (NYMEX:QM.Q19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Q19
Open High Low QM.Q19 Price Change
55.700 56.350 55.000 55.575 +0.275
Entry Signal

MarketClub’s Trade Triangles for QM.Q19

long term down The long term trend has been DOWN since May 30th, 2019 at 57.175

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 56.225

short term down The short term trend has been DOWN since Jul 14th, 2019 at 59.925

Smart Scan Analysis for QM.Q19

Based on a pre-defined weighted trend formula for chart analysis, QM.Q19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for QM.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.700 56.350 55.000 55.575 +0.275
Prev. Close Volume Bid Ask Time
59.25 1559 2019-07-19 14:29:07
First Delivery2019-08-31Expiration2019-07-19
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Aug 2019 QM.Q19 or another symbol? Try our Free Future Trend Analysis Report.