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Future Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

RBOB GASOLINE Oct 2019 (NYMEX:RB.V19)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.V19
Open High Low RB.V19 Price Change
1.5203 1.5391 1.5106 1.5291 +0.0226
Entry Signal

MarketClub’s Trade Triangles for RB.V19

long term down The long term trend has been DOWN since Nov 1st, 2018 at 1.8069

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 1.5219

short term up The short term trend has been UP since Jan 17th, 2019 at 1.5047

Smart Scan Analysis for RB.V19

Based on a pre-defined weighted trend formula for chart analysis, RB.V19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for RB.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5203 1.5391 1.5106 1.5291 +0.0226
Prev. Close Volume Bid Ask Time
1.4375 498 2019-01-18 12:00:02
Contract High2.13Contract High Date2018-10-03
Contract Low1.4675Contract Low Date2018-11-23
First Delivery2019-10-31Expiration2019-09-30
Open Time09:00Close Time14:30
Want to analyze RBOB GASOLINE Oct 2019 RB.V19 or another symbol? Try our Free Future Trend Analysis Report.