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Future Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

CRUDE OIL (E-MINI) Dec 2019 (NYMEX:QM.Z19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Z19
Open High Low QM.Z19 Price Change
54.250 54.700 53.425 53.725 -0.300
Entry Signal

MarketClub’s Trade Triangles for QM.Z19

long term down The long term trend has been DOWN since Oct 9th, 2019 at 51.725

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2019 at 54.200

short term down The short term trend has been DOWN since Oct 17th, 2019 at 52.900

Smart Scan Analysis for QM.Z19

Based on a pre-defined weighted trend formula for chart analysis, QM.Z19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for QM.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.250 54.700 53.425 53.725 -0.300
Prev. Close Volume Bid Ask Time
52.900 8022 2019-10-18 16:59:49
First Delivery2019-12-31Expiration2019-11-19
Open Time18:00Close Time17:00
Want to analyze CRUDE OIL (E-MINI) Dec 2019 QM.Z19 or another symbol? Try our Free Future Trend Analysis Report.