Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, October 17, 2017.

RBOB GASOLINE Nov 2017 (E) (NYMEX:RB.X17.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.X17.E
Open High Low RB.X17.E Price Change
1.6195 1.6245 1.6130 1.6157 -0.0012
Entry Signal

MarketClub’s Trade Triangles for RB.X17.E

long term up The long term trend has been UP since Aug 1st, 2017 at 1.5285

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2017 at 1.5480

short term up The short term trend has been UP since Oct 11th, 2017 at 1.5971

Smart Scan Analysis for RB.X17.E

Based on a pre-defined weighted trend formula for chart analysis, RB.X17.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for RB.X17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6195 1.6245 1.6130 1.6157 -0.0012
Prev. Close Volume Bid Ask Time
1.6222 493 2017-10-17 01:01:31
Contract High1.6822Contract High Date2017-09-25
Contract Low1.0817Contract Low Date2016-02-09
Estimated Volume10163First Delivery2017-11-30
Expiration2017-10-31Open Time18:00
Close Time17:00
Want to analyze RBOB GASOLINE Nov 2017 (E) RB.X17.E or another symbol? Try our Free Future Trend Analysis Report.