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Future Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

CRUDE OIL Dec 2021 (NYMEX:CL.Z21)

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.Z21
Open High Low CL.Z21 Price Change
53.05 53.66 52.50 52.74 -0.04
Entry Signal

MarketClub’s Trade Triangles for CL.Z21

long term down The long term trend has been DOWN since May 30th, 2019 at 52.93

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2019 at 52.69

short term down The short term trend has been DOWN since Jul 15th, 2019 at 54.50

Smart Scan Analysis for CL.Z21

Based on a pre-defined weighted trend formula for chart analysis, CL.Z21 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for CL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.05 53.66 52.50 52.74 -0.04
Prev. Close Volume Bid Ask Time
54.44 2995 2019-07-17 16:51:57
First Delivery2021-12-31Expiration2021-11-19
Open Time18:00Close Time17:00
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