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Future Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

CRUDE OIL Sep 2020 (NYMEX:CL.U20)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.U20
Open High Low CL.U20 Price Change
51.88 51.88 51.88 51.88 -0.75
Entry Signal

MarketClub’s Trade Triangles for CL.U20

long term down The long term trend has been DOWN since May 23rd, 2019 at 56.76

intermediate term down The intermediate term trend has been DOWN since Jul 19th, 2019 at 54.04

short term up The short term trend has been UP since Aug 13th, 2019 at 51.30

Smart Scan Analysis for CL.U20

Based on a pre-defined weighted trend formula for chart analysis, CL.U20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for CL.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.88 51.88 51.88 51.88 -0.75
Prev. Close Volume Bid Ask Time
56.92 1 2019-08-19 18:27:44
First Delivery2020-09-30Expiration2020-08-20
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Sep 2020 CL.U20 or another symbol? Try our Free Future Trend Analysis Report.