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Future Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

CRUDE OIL May 2019 (NYMEX:CL.K19)

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.K19
Open High Low CL.K19 Price Change
59.29 60.18 58.56 60.10 +0.81
Entry Signal

MarketClub’s Trade Triangles for CL.K19

long term up The long term trend has been UP since Mar 13th, 2019 at 58.28

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 52.61

short term up The short term trend has been UP since Mar 11th, 2019 at 56.84

Smart Scan Analysis for CL.K19

Based on a pre-defined weighted trend formula for chart analysis, CL.K19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for CL.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.29 60.18 58.56 60.10 +0.81
Prev. Close Volume Bid Ask Time
56.8 534619 2019-03-20 11:45:22
First Delivery2019-05-31Expiration2019-04-22
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL May 2019 CL.K19 or another symbol? Try our Free Future Trend Analysis Report.