Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
CRUDE OIL (E-MINI) Apr 2020 (NYMEX:QM.J20)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 QM.J20
The long term trend has been DOWN since Jul 18th, 2019 at 55.000
The intermediate term trend has been UP since Sep 9th, 2019 at 54.300
The short term trend has been UP since Sep 4th, 2019 at 53.625
Smart Scan Analysis for QM.J20
Based on a pre-defined weighted trend formula for chart analysis, QM.J20 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).