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Future Trend Analysis Report

Prepared for you on Monday, June 17, 2019.

CRUDE OIL Oct 2019 (NYMEX:CL.V19)

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.V19
Open High Low CL.V19 Price Change
52.35 52.36 52.20 52.22 -0.09
Entry Signal

MarketClub’s Trade Triangles for CL.V19

long term down The long term trend has been DOWN since May 31st, 2019 at 54.66

intermediate term down The intermediate term trend has been DOWN since May 23rd, 2019 at 60.02

short term down The short term trend has been DOWN since Jun 17th, 2019 at 52.21

Smart Scan Analysis for CL.V19

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

-100
Smart Scan Analysis for CL.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.35 52.36 52.20 52.22 -0.09
Prev. Close Volume Bid Ask Time
59.38 79 2019-06-17 21:17:04
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.