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Future Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

CRUDE OIL Dec 2019 (NYMEX:CL.Z19)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.Z19
Open High Low CL.Z19 Price Change
57.14 58.67 56.98 58.65 +1.51
Entry Signal

MarketClub’s Trade Triangles for CL.Z19

long term down The long term trend has been DOWN since Nov 13th, 2018 at 60.80

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 53.50

short term up The short term trend has been UP since Feb 12th, 2019 at 55.71

Smart Scan Analysis for CL.Z19

Based on a pre-defined weighted trend formula for chart analysis, CL.Z19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CL.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.14 58.67 56.98 58.65 +1.51
Prev. Close Volume Bid Ask Time
54.49 65595 2019-02-15 16:59:45
First Delivery2019-12-31Expiration2019-11-20
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Dec 2019 CL.Z19 or another symbol? Try our Free Future Trend Analysis Report.