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Future Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

CRUDE OIL JANUARY 2020 (NYMEX:QCL.F20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_QCL.F20
Open High Low QCL.F20 Price Change
57.99 58.40 57.14 58.30 +0.96
Entry Signal

MarketClub’s Trade Triangles for QCL.F20

long term up The long term trend has been UP since Mar 1st, 2019 at 59.41

intermediate term down The intermediate term trend has been DOWN since May 10th, 2019 at 61.48

short term down The short term trend has been DOWN since May 22nd, 2019 at 61.99

Smart Scan Analysis for QCL.F20

Based on a pre-defined weighted trend formula for chart analysis, QCL.F20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for QCL.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.99 58.40 57.14 58.30 +0.96
Prev. Close Volume Bid Ask Time
57.34 7297 47.00 60.06 2019-05-24 15:52:21
52wk High201852wk Low46.07
52wk Low Date2018-12-26Volatility20.12
Expiration2019-12-19
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