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Future Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

GC #6 FUEL OIL 3%S Feb 2020 (E) (NYMEX:MFB.G20.E)

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_MFB.G20.E
Open High Low MFB.G20.E Price Change
41.28 41.28 41.28 41.28 -0.65
Entry Signal

MarketClub’s Trade Triangles for MFB.G20.E

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for MFB.G20.E

Based on a pre-defined weighted trend formula for chart analysis, MFB.G20.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for MFB.G20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.28 41.28 41.28 41.28 -0.65
Prev. Close Volume Bid Ask Time
41.93 0 2018-11-29 17:43:44
Contract High56.48Contract High Date2018-10-09
Contract Low41.03Contract Low Date2018-11-28
First Delivery2020-03-13Expiration2020-02-28
Open Time18:00Close Time17:00
Want to analyze GC #6 FUEL OIL 3%S Feb 2020 (E) MFB.G20.E or another symbol? Try our Free Future Trend Analysis Report.