Future Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
CRUDE OIL (TAS) Apr 2019 (NYMEX:CLT.J19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for CLT.J19
The long term trend has been DOWN since Dec 24th, 2018 at -7
The intermediate term trend has been DOWN since Dec 24th, 2018 at -2
The short term trend has been DOWN since Feb 19th, 2019 at 0
Smart Scan Analysis for CLT.J19
Based on a pre-defined weighted trend formula for chart analysis, CLT.J19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||-8|
|52wk Low Date||2018-12-24||Volatility||-21474830|