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Future Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

CRUDE OIL Dec 2021 (NYMEX:CL.Z21)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.Z21
Open High Low CL.Z21 Price Change
51.57 51.98 51.56 51.74 +0.34
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 up The intermediate term trend has been UP since Sep 15th, 2019 at 52.35

short term up The short term trend has been UP since Sep 15th, 2019 at 51.66

Smart Scan Analysis for CL.Z21

Based on a pre-defined weighted trend formula for chart analysis, CL.Z21 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CL.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.57 51.98 51.56 51.74 +0.34
Prev. Close Volume Bid Ask Time
54.44 846 2019-09-18 06:55:27
First Delivery2021-12-31Expiration2021-11-19
Open Time09:00Close Time14:30
Want to analyze CRUDE OIL Dec 2021 CL.Z21 or another symbol? Try our Free Future Trend Analysis Report.