Future Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
RBOB GASOLINE Nov 2018 (E) (NYMEX:RB.X18.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.X18.E
The long term trend has been UP since Aug 31st, 2017 at 1.4755
The intermediate term trend has been UP since Jun 29th, 2018 at 1.9718
The short term trend has been DOWN since Jul 11th, 2018 at 1.9506
Smart Scan Analysis for RB.X18.E
Based on a pre-defined weighted trend formula for chart analysis, RB.X18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.0756||Contract High Date||2018-05-22|
|Contract Low||1.16||Contract Low Date||2016-01-15|
|Estimated Volume||2354||First Delivery||2018-11-30|