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Future Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

CRUDE OIL (E-MINI) Oct 2019 (NYMEX:QM.V19)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.V19
Open High Low QM.V19 Price Change
59.425 60.000 57.350 58.025 -1.625
Entry Signal

MarketClub’s Trade Triangles for QM.V19

long term down The long term trend has been DOWN since May 2nd, 2019 at 61.850

intermediate term up The intermediate term trend has been UP since Jun 24th, 2019 at 57.550

short term down The short term trend has been DOWN since Jul 14th, 2019 at 60.075

Smart Scan Analysis for QM.V19

Based on a pre-defined weighted trend formula for chart analysis, QM.V19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for QM.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.425 60.000 57.350 58.025 -1.625
Prev. Close Volume Bid Ask Time
59.375 130 2019-07-16 14:41:00
First Delivery2019-10-31Expiration2019-09-19
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Oct 2019 QM.V19 or another symbol? Try our Free Future Trend Analysis Report.