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Future Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

CRUDE OIL (E-MINI) Sep 2019 (NYMEX:QM.U19)

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_QM.U19
Open High Low QM.U19 Price Change
58.200 59.125 57.650 59.125 +1.125
Entry Signal

MarketClub’s Trade Triangles for QM.U19

long term up The long term trend has been UP since Mar 13th, 2019 at 59.275

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2019 at 62.725

short term down The short term trend has been DOWN since May 21st, 2019 at 62.750

Smart Scan Analysis for QM.U19

Based on a pre-defined weighted trend formula for chart analysis, QM.U19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for QM.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.200 59.125 57.650 59.125 +1.125
Prev. Close Volume Bid Ask Time
57.25 109 2019-05-24 16:24:37
First Delivery2019-09-30Expiration2019-08-19
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Sep 2019 QM.U19 or another symbol? Try our Free Future Trend Analysis Report.