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Spread Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

RBOB GASOLINE Sep 2019/Feb 2020 Spread (NYMEX:RB.U19_G20.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.U19_G20.E
Open High Low RB.U19_G20.E Price Change
0.1658 0.1658 0.1658 0.1658 0.0000
Entry Signal

MarketClub’s Trade Triangles for RB.U19_G20.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.U19_G20.E

Based on a pre-defined weighted trend formula for chart analysis, RB.U19_G20.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RB.U19_G20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1658 0.1658 0.1658 0.1658 0.0000
Prev. Close Volume Bid Ask Time
0.1658 0 2017-11-16 17:42:07
Contract High0.1658Contract High Date2017-11-06
Contract Low0.1314Contract Low Date2016-11-30
Open Time18:00Close Time17:00
Want to analyze RBOB GASOLINE Sep 2019/Feb 2020 Spread RB.U19_G20.E or another symbol? Try our Free Spread Trend Analysis Report.