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Future Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

CRUDE OIL (E-MINI) May 2020 (NYMEX:QM.K20)

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.

NYMEX_QM.K20
Open High Low QM.K20 Price Change
55.500 56.325 55.500 56.325 +0.475
Entry Signal

MarketClub’s Trade Triangles for QM.K20

long term down The long term trend has been DOWN since Oct 2nd, 2019 at 53.200

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 53.425

short term down The short term trend has been DOWN since Nov 13th, 2019 at 55.900

Smart Scan Analysis for QM.K20

Based on a pre-defined weighted trend formula for chart analysis, QM.K20 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for QM.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.500 56.325 55.500 56.325 +0.475
Prev. Close Volume Bid Ask Time
52.800 3 2019-11-13 12:32:07
Expiration2020-04-20Open Time18:00
Close Time17:00
Want to analyze CRUDE OIL (E-MINI) May 2020 QM.K20 or another symbol? Try our Free Future Trend Analysis Report.