Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

CRUDE OIL Jun 2020 (NYMEX:CL.M20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.M20
Open High Low CL.M20 Price Change
56.34 57.30 55.96 57.30 +1.26
Entry Signal

MarketClub’s Trade Triangles for CL.M20

long term up The long term trend has been UP since Mar 13th, 2019 at 58.85

intermediate term down The intermediate term trend has been DOWN since Apr 26th, 2019 at 59.65

short term down The short term trend has been DOWN since May 22nd, 2019 at 60.07

Smart Scan Analysis for CL.M20

Based on a pre-defined weighted trend formula for chart analysis, CL.M20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CL.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.34 57.30 55.96 57.30 +1.26
Prev. Close Volume Bid Ask Time
57.89 17699 2019-05-24 16:44:59
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.