Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

CRUDE OIL Jan 2021 (NYMEX:CL.F21)

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_CL.F21
Open High Low CL.F21 Price Change
51.12 51.23 51.11 51.14 +0.08
Entry Signal

MarketClub’s Trade Triangles for CL.F21

long term down The long term trend has been DOWN since May 2nd, 2019 at 57.28

intermediate term down The intermediate term trend has been DOWN since Jul 21st, 2019 at 54.76

short term down The short term trend has been DOWN since Jul 21st, 2019 at 54.76

Smart Scan Analysis for CL.F21

Based on a pre-defined weighted trend formula for chart analysis, CL.F21 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CL.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.12 51.23 51.11 51.14 +0.08
Prev. Close Volume Bid Ask Time
51.12 258 2019-08-16 14:29:10
First Delivery2021-01-31Expiration2020-12-21
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Jan 2021 CL.F21 or another symbol? Try our Free Future Trend Analysis Report.