Future Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
RBOB GASOLINE Jun 2017 (E) (NYMEX:RB.M17.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 RB.M17.E
The long term trend has been DOWN since Mar 2nd, 2017 at 1.7172
The intermediate term trend has been UP since May 21st, 2017 at 1.6544
The short term trend has been DOWN since May 24th, 2017 at 1.6434
Smart Scan Analysis for RB.M17.E
Based on a pre-defined weighted trend formula for chart analysis, RB.M17.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.9923||Contract High Date||2015-05-08|
|Contract Low||1.2569||Contract Low Date||2016-01-20|
|Estimated Volume||7114||First Delivery||2017-06-30|