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.
MarketClub’s Trade Triangles for QM.Z19
The long term trend has been DOWN since Oct 9th, 2019 at 51.725
The intermediate term trend has been DOWN since Sep 30th, 2019 at 54.200
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).
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