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Spread Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

RBOB GASOLINE Nov 2018/Aug 2019 Spread (NYMEX:RB.X18_Q19.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.X18_Q19.E
Open High Low RB.X18_Q19.E Price Change
-0.1899 -0.1839 -0.1909 -0.1843 +0.0124
Entry Signal

MarketClub’s Trade Triangles for RB.X18_Q19.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.X18_Q19.E

Based on a pre-defined weighted trend formula for chart analysis, RB.X18_Q19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RB.X18_Q19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1899 -0.1839 -0.1909 -0.1843 +0.0124
Prev. Close Volume Bid Ask Time
-0.1849 12 2018-10-16 17:42:07
Contract High-0.1032Contract High Date2018-08-21
Contract Low-0.2075Contract Low Date2018-10-11
Open Time09:00Close Time14:30
Want to analyze RBOB GASOLINE Nov 2018/Aug 2019 Spread RB.X18_Q19.E or another symbol? Try our Free Spread Trend Analysis Report.