Analyze Symbol

Spread Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

CRUDE OIL (E-MINI) Sep 2019/Oct 2019 Spread (NYMEX:QM.U19_V19)

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.U19_V19
Open High Low QM.U19_V19 Price Change
0.15 0.15 0.15 0.15 +0.05
Entry Signal

MarketClub’s Trade Triangles for QM.U19_V19

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for QM.U19_V19

Based on a pre-defined weighted trend formula for chart analysis, QM.U19_V19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for QM.U19_V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.15 0.15 0.15 0.15 +0.05
Prev. Close Volume Bid Ask Time
0.15 80 2019-05-17 11:05:49
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Sep 2019/Oct 2019 Spread QM.U19_V19 or another symbol? Try our Free Spread Trend Analysis Report.