Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

RBOB GASOLINE Nov 2017 (E) (NYMEX:RB.X17.E)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.X17.E
Open High Low RB.X17.E Price Change
1.4420 1.4649 1.4230 1.4623 +0.0195
Entry Signal

MarketClub’s Trade Triangles for RB.X17.E

long term up The long term trend has been UP since Aug 1st, 2017 at 1.5285

intermediate term up The intermediate term trend has been UP since Jul 3rd, 2017 at 1.3893

short term down The short term trend has been DOWN since Aug 10th, 2017 at 1.4815

Smart Scan Analysis for RB.X17.E

Based on a pre-defined weighted trend formula for chart analysis, RB.X17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for RB.X17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4420 1.4649 1.4230 1.4623 +0.0195
Prev. Close Volume Bid Ask Time
1.4434 31813 2017-08-17 15:00:44
Contract High1.6689Contract High Date2017-01-03
Contract Low1.0817Contract Low Date2016-02-09
Estimated Volume11359First Delivery2017-11-30
Expiration2017-10-31Open Time09:00
Close Time14:30
Want to analyze RBOB GASOLINE Nov 2017 (E) RB.X17.E or another symbol? Try our Free Future Trend Analysis Report.