Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

CRUDE OIL Jan 2021 (NYMEX:CL.F21)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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
54.70 55.03 54.62 55.03 +0.35
Entry Signal

MarketClub’s Trade Triangles for CL.F21

long term up The long term trend has been UP since Nov 13th, 2019 at 53.95

intermediate term up The intermediate term trend has been UP since Nov 4th, 2019 at 53.15

short term up The short term trend has been UP since Dec 6th, 2019 at 53.31

Smart Scan Analysis for CL.F21

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

+100
Smart Scan Analysis for CL.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.70 55.03 54.62 55.03 +0.35
Prev. Close Volume Bid Ask Time
54.68 2581 2019-12-10 14:03:53
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.