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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

CRUDE OIL Apr 2020 (NYMEX:CL.J20)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.J20
Open High Low CL.J20 Price Change
57.69 58.96 57.04 58.23 +0.66
Entry Signal

MarketClub’s Trade Triangles for CL.J20

long term up The long term trend has been UP since Sep 15th, 2019 at 59.29

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 54.37

short term up The short term trend has been UP since Dec 4th, 2019 at 55.96

Smart Scan Analysis for CL.J20

Based on a pre-defined weighted trend formula for chart analysis, CL.J20 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CL.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.69 58.96 57.04 58.23 +0.66
Prev. Close Volume Bid Ask Time
58.25 36712 2019-12-06 16:45:30
First Delivery2020-04-30Expiration2020-03-20
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL Apr 2020 CL.J20 or another symbol? Try our Free Future Trend Analysis Report.