Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, March 26, 2017.

RBOB GASOLINE May 2017 (E) (NYMEX:RB.K17.E)

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_RB.K17.E
Open High Low RB.K17.E Price Change
1.5996 1.6245 1.5924 1.6154 +0.0216
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 Jan 9th, 2017 at 1.7997

short term down The short term trend has been DOWN since Mar 22nd, 2017 at 1.5973

Smart Scan Analysis for RB.K17.E

Based on a pre-defined weighted trend formula for chart analysis, RB.K17.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RB.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5996 1.6245 1.5924 1.6154 +0.0216
Prev. Close Volume Bid Ask Time
1.6222 43996 2017-03-24 14:30:34
Contract High1.9065Contract High Date2017-01-03
Contract Low1.3019Contract Low Date2016-01-19
Estimated Volume10613First 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.