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Future Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

RBOB GASOLINE May 2017 (E) (NYMEX:RB.K17.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_RB.K17.E
Open High Low RB.K17.E Price Change
1.6416 1.6554 1.6197 1.6219 -0.0226
Entry Signal

MarketClub’s Trade Triangles for RB.K17.E

long term down The long term trend has been DOWN since Mar 1st, 2017 at 1.7070

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2017 at 1.6390

short term down The short term trend has been DOWN since Apr 13th, 2017 at 1.7364

Smart Scan Analysis for RB.K17.E

Based on a pre-defined weighted trend formula for chart analysis, RB.K17.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for RB.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6416 1.6554 1.6197 1.6219 -0.0226
Prev. Close Volume Bid Ask Time
1.6461 19779 2017-04-24 16:16:18
Contract High1.9065Contract High Date2017-01-03
Contract Low1.3019Contract Low Date2016-01-19
Estimated Volume19203First Delivery2017-05-31
Expiration2017-04-28Open Time09:00
Close Time14:30
Want to analyze RBOB GASOLINE May 2017 (E) RB.K17.E or another symbol? Try our Free Future Trend Analysis Report.