Future Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
RBOB GASOLINE Jul 2017 (E) (NYMEX:RB.N17.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.N17.E
The long term trend has been UP since Oct 3rd, 2016 at 1.6390
The intermediate term trend has been DOWN since Jan 9th, 2017 at 1.7857
The short term trend has been UP since Feb 23rd, 2017 at 1.7850
Smart Scan Analysis for RB.N17.E
Based on a pre-defined weighted trend formula for chart analysis, RB.N17.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.785||Contract High Date||2017-02-21|
|Contract Low||1.7474||Contract Low Date||2017-02-21|
|Estimated Volume||1739||First Delivery||2017-07-31|