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Spread Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

RBOB GASOLINE Aug 2019/Jul 2020 Spread (NYMEX:RB.Q19_N20.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.Q19_N20.E
Open High Low RB.Q19_N20.E Price Change
-0.0089 -0.0089 -0.0089 -0.0089 +0.0005
Entry Signal

MarketClub’s Trade Triangles for RB.Q19_N20.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 RB.Q19_N20.E

Based on a pre-defined weighted trend formula for chart analysis, RB.Q19_N20.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RB.Q19_N20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0089 -0.0089 -0.0089 -0.0089 +0.0005
Prev. Close Volume Bid Ask Time
-0.0089 0 2017-11-22 17:42:28
Contract High-0.0089Contract High Date2017-11-22
Contract Low-0.0714Contract Low Date2016-11-30
Open Time09:00Close Time14:30
Want to analyze RBOB GASOLINE Aug 2019/Jul 2020 Spread RB.Q19_N20.E or another symbol? Try our Free Spread Trend Analysis Report.