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Future Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

RBOB GASOLINE May 2019 (NYMEX:RB.K19)

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.K19
Open High Low RB.K19 Price Change
1.6562 1.6833 1.6473 1.6699 +0.0219
Entry Signal

MarketClub’s Trade Triangles for RB.K19

long term down The long term trend has been DOWN since Oct 31st, 2018 at 2.0062

intermediate term up The intermediate term trend has been UP since Jan 18th, 2019 at 1.6723

short term up The short term trend has been UP since Jan 17th, 2019 at 1.6456

Smart Scan Analysis for RB.K19

Based on a pre-defined weighted trend formula for chart analysis, RB.K19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for RB.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6562 1.6833 1.6473 1.6699 +0.0219
Prev. Close Volume Bid Ask Time
1.5691 10310 2019-01-18 16:39:59
Contract High2.3439Contract High Date2018-10-03
Contract Low1.6179Contract Low Date2018-11-23
First Delivery2019-05-31Expiration2019-04-30
Open Time09:00Close Time14:30
Want to analyze RBOB GASOLINE May 2019 RB.K19 or another symbol? Try our Free Future Trend Analysis Report.