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Future Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

RBOB GASOLINE Apr 2018 (E) (NYMEX:RB.J18.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.J18.E
Open High Low RB.J18.E Price Change
1.8916 1.9021 1.8906 1.8985 +0.0098
Entry Signal

MarketClub’s Trade Triangles for RB.J18.E

long term up The long term trend has been UP since Aug 3rd, 2017 at 1.6913

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2017 at 1.8972

short term down The short term trend has been DOWN since Dec 13th, 2017 at 1.9062

Smart Scan Analysis for RB.J18.E

Based on a pre-defined weighted trend formula for chart analysis, RB.J18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RB.J18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8916 1.9021 1.8906 1.8985 +0.0098
Prev. Close Volume Bid Ask Time
1.8949 2240 2017-12-15 08:50:19
Contract High1.9814Contract High Date2017-11-08
Contract Low1.3415Contract Low Date2016-01-15
Estimated Volume1455First Delivery2018-04-30
Expiration2018-03-29Open Time09:00
Close Time14:30
Want to analyze RBOB GASOLINE Apr 2018 (E) RB.J18.E or another symbol? Try our Free Future Trend Analysis Report.