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Future Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

CRUDE OIL Jun 2021 (NYMEX:CL.M21)

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.M21
Open High Low CL.M21 Price Change
53.30 53.43 53.10 53.18 -0.24
Entry Signal

MarketClub’s Trade Triangles for CL.M21

long term down The long term trend has been DOWN since May 23rd, 2019 at 53.58

intermediate term down The intermediate term trend has been DOWN since Jul 17th, 2019 at 53.11

short term down The short term trend has been DOWN since Jul 15th, 2019 at 54.98

Smart Scan Analysis for CL.M21

Based on a pre-defined weighted trend formula for chart analysis, CL.M21 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for CL.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.30 53.43 53.10 53.18 -0.24
Prev. Close Volume Bid Ask Time
55.34 902 2019-07-23 12:03:52
First Delivery2021-06-30Expiration2021-05-20
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Jun 2021 CL.M21 or another symbol? Try our Free Future Trend Analysis Report.