Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

CRUDE OIL Apr 2020 (NYMEX:CL.J20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.J20
Open High Low CL.J20 Price Change
52.34 52.90 52.34 52.55 +0.07
Entry Signal

MarketClub’s Trade Triangles for CL.J20

long term down The long term trend has been DOWN since May 30th, 2019 at 55.84

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2019 at 60.11

short term down The short term trend has been DOWN since Jun 12th, 2019 at 52.16

Smart Scan Analysis for CL.J20

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

-100
Smart Scan Analysis for CL.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.34 52.90 52.34 52.55 +0.07
Prev. Close Volume Bid Ask Time
58.03 1960 2019-06-14 15:51:36
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.