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Future Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
56.625 57.325 55.000 55.025 -1.775
Entry Signal

MarketClub’s Trade Triangles for QM.Z19

long term down The long term trend has been DOWN since May 31st, 2019 at 54.900

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 56.100

short term down The short term trend has been DOWN since Jul 15th, 2019 at 59.875

Smart Scan Analysis for QM.Z19

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

-100
Smart Scan Analysis for QM.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.625 57.325 55.000 55.025 -1.775
Prev. Close Volume Bid Ask Time
59.325 42 2019-07-18 14:10:56
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.