Future Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
RBOB GASOLINE Jun 2018 (E) (NYMEX:RB.M18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for RB.M18.E
The long term trend has been UP since Aug 1st, 2017 at 1.6831
The intermediate term trend has been UP since Dec 26th, 2017 at 1.9525
The short term trend has been DOWN since Jan 19th, 2018 at 2.0252
Smart Scan Analysis for RB.M18.E
Based on a pre-defined weighted trend formula for chart analysis, RB.M18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.0595||Contract High Date||2018-01-15|
|Contract Low||1.3515||Contract Low Date||2016-01-15|
|Estimated Volume||4255||First Delivery||2018-06-29|