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.
MarketClub’s Trade Triangles for QM.Q19
The long term trend has been DOWN since May 30th, 2019 at 57.175
The intermediate term trend has been DOWN since Jul 18th, 2019 at 56.225
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).
|Open Time||18:00||Close Time||17:00|