Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

CRUDE OIL Oct 2019 (NYMEX:CL.V19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.V19
Open High Low CL.V19 Price Change
60.70 60.80 59.21 59.73 -1.00
Entry Signal

MarketClub’s Trade Triangles for CL.V19

long term up The long term trend has been UP since Mar 13th, 2019 at 59.75

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 53.69

short term down The short term trend has been DOWN since Mar 22nd, 2019 at 59.85

Smart Scan Analysis for CL.V19

Based on a pre-defined weighted trend formula for chart analysis, CL.V19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CL.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.70 60.80 59.21 59.73 -1.00
Prev. Close Volume Bid Ask Time
58.56 24204 2019-03-22 16:34:39
First Delivery2019-10-31Expiration2019-09-20
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Oct 2019 CL.V19 or another symbol? Try our Free Future Trend Analysis Report.