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Future Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

CRUDE OIL BRENT LAST DAY Aug 2019 (NYMEX:BZ.Q19)

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.

NYMEX_BZ.Q19
Open High Low BZ.Q19 Price Change
70.99 71.05 70.48 70.93 -0.38
Entry Signal

MarketClub’s Trade Triangles for BZ.Q19

long term up The long term trend has been UP since Mar 13th, 2019 at 66.74

intermediate term up The intermediate term trend has been UP since May 19th, 2019 at 72.29

short term down The short term trend has been DOWN since May 21st, 2019 at 70.90

Smart Scan Analysis for BZ.Q19

Based on a pre-defined weighted trend formula for chart analysis, BZ.Q19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for BZ.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
70.99 71.05 70.48 70.93 -0.38
Prev. Close Volume Bid Ask Time
64.95 9930 2019-05-22 06:27:49
Contract High83.3Contract High Date2018-10-03
Contract Low59.93Contract Low Date2018-11-23
Estimated Volume200Expiration2019-06-28
Open Time09:00Close Time14:30
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