Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

RBOB GASOLINE Nov 2019 (E) (NYMEX:RB.X19.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.X19.E
Open High Low RB.X19.E Price Change
1.9870 1.9870 1.9560 1.9454 +0.0071
Entry Signal

MarketClub’s Trade Triangles for RB.X19.E

long term up The long term trend has been UP since Mar 23rd, 2018 at 1.7102

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 1.9632

short term down The short term trend has been DOWN since Oct 4th, 2018 at 2.0674

Smart Scan Analysis for RB.X19.E

Based on a pre-defined weighted trend formula for chart analysis, RB.X19.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RB.X19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9870 1.9870 1.9560 1.9454 +0.0071
Prev. Close Volume Bid Ask Time
1.9454 36 2018-10-22 14:32:06
Contract High2.0809Contract High Date2018-10-03
Contract Low1.5891Contract Low Date2017-11-16
Estimated Volume52First Delivery2019-11-29
Expiration2019-10-31Open Time09:00
Close Time14:30
Want to analyze RBOB GASOLINE Nov 2019 (E) RB.X19.E or another symbol? Try our Free Future Trend Analysis Report.