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Future Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

CRUDE OIL Jun 2020 (NYMEX:CL.M20)

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.M20
Open High Low CL.M20 Price Change
54.73 55.23 54.59 54.94 +0.51
Entry Signal

MarketClub’s Trade Triangles for CL.M20

long term up The long term trend has been UP since Sep 15th, 2019 at 58.63

intermediate term up The intermediate term trend has been UP since Sep 8th, 2019 at 54.40

short term up The short term trend has been UP since Sep 15th, 2019 at 54.04

Smart Scan Analysis for CL.M20

Based on a pre-defined weighted trend formula for chart analysis, CL.M20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for CL.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.73 55.23 54.59 54.94 +0.51
Prev. Close Volume Bid Ask Time
57.63 7087 2019-09-18 07:31:13
First Delivery2020-06-30Expiration2020-05-19
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Jun 2020 CL.M20 or another symbol? Try our Free Future Trend Analysis Report.