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Future Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

RBOB GASOLINE Oct 2017 (E) (NYMEX:RB.V17.E)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.V17.E
Open High Low RB.V17.E Price Change
1.5230 1.5334 1.4970 1.5105 -0.0083
Entry Signal

MarketClub’s Trade Triangles for RB.V17.E

long term down The long term trend has been DOWN since Mar 2nd, 2017 at 1.5453

intermediate term up The intermediate term trend has been UP since May 19th, 2017 at 1.4996

short term up The short term trend has been UP since May 19th, 2017 at 1.4822

Smart Scan Analysis for RB.V17.E

Based on a pre-defined weighted trend formula for chart analysis, RB.V17.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for RB.V17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5230 1.5334 1.4970 1.5105 -0.0083
Prev. Close Volume Bid Ask Time
1.5178 658 2017-05-25 06:02:00
Contract High1.686Contract High Date2017-01-03
Contract Low1.1001Contract Low Date2016-01-19
Estimated Volume70First Delivery2017-10-31
Expiration2017-09-29Open Time09:00
Close Time14:30
Want to analyze RBOB GASOLINE Oct 2017 (E) RB.V17.E or another symbol? Try our Free Future Trend Analysis Report.