Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

RBOB GASOLINE Aug 2018 (E) (NYMEX:RB.Q18.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.Q18.E
Open High Low RB.Q18.E Price Change
2.0060 2.0139 1.9835 2.0020 -0.0092
Entry Signal

MarketClub’s Trade Triangles for RB.Q18.E

long term up The long term trend has been UP since Aug 31st, 2017 at 1.6526

intermediate term down The intermediate term trend has been DOWN since Jun 4th, 2018 at 2.1155

short term down The short term trend has been DOWN since Jun 13th, 2018 at 2.0719

Smart Scan Analysis for RB.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, RB.Q18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RB.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0060 2.0139 1.9835 2.0020 -0.0092
Prev. Close Volume Bid Ask Time
2.0050 29540 2018-06-21 10:12:09
Contract High2.2686Contract High Date2018-05-22
Contract Low1.32Contract Low Date2016-01-19
Estimated Volume26451First Delivery2018-08-31
Expiration2018-07-31Open Time18:00
Close Time17:00
Want to analyze RBOB GASOLINE Aug 2018 (E) RB.Q18.E or another symbol? Try our Free Future Trend Analysis Report.