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Future Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

RBOB GASOLINE Jun 2020 (E) (NYMEX:RB.M20.E)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.M20.E
Open High Low RB.M20.E Price Change
1.7925 1.7960 1.7925 2.1739 +0.0188
Entry Signal

MarketClub’s Trade Triangles for RB.M20.E

long term down The long term trend has been DOWN since Feb 9th, 2018 at 1.7711

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2018 at 1.8630

short term up The short term trend has been UP since Feb 14th, 2018 at 1.7437

Smart Scan Analysis for RB.M20.E

Based on a pre-defined weighted trend formula for chart analysis, RB.M20.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for RB.M20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7925 1.7960 1.7925 2.1739 +0.0188
Prev. Close Volume Bid Ask Time
2.1551 2 2018-10-15 14:33:31
Contract High1.796Contract High Date2018-02-16
Contract Low1.78Contract Low Date2018-03-02
Estimated Volume2First Delivery2020-06-30
Expiration2020-05-29Open Time18:00
Close Time17:00
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