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Future Trend Analysis Report

Prepared for you on Friday, November 22, 2019.

CRUDE OIL Feb 2020 (NYMEX:CL.G20)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_CL.G20
Open High Low CL.G20 Price Change
58.22 58.35 57.93 58.17 -0.01
Entry Signal

MarketClub’s Trade Triangles for CL.G20

long term down The long term trend has been DOWN since Oct 9th, 2019 at 51.13

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 55.60

short term up The short term trend has been UP since Nov 21st, 2019 at 56.93

Smart Scan Analysis for CL.G20

Based on a pre-defined weighted trend formula for chart analysis, CL.G20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CL.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.22 58.35 57.93 58.17 -0.01
Prev. Close Volume Bid Ask Time
53.53 5681 2019-11-22 05:12:24
First Delivery2020-02-29Expiration2020-01-21
Open Time18:00Close Time17:00
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