Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.X19.E
Open High Low RB.X19.E Price Change
1.7907 1.7907 1.7907 1.8121 +0.0034
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 Jul 16th, 2018 at 1.8003

short term down The short term trend has been DOWN since Aug 8th, 2018 at 1.8234

Smart Scan Analysis for RB.X19.E

Based on a pre-defined weighted trend formula for chart analysis, RB.X19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RB.X19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7907 1.7907 1.7907 1.8121 +0.0034
Prev. Close Volume Bid Ask Time
1.8087 2 2018-08-20 14:36:01
Contract High1.7907Contract High Date2018-08-15
Contract Low1.5891Contract Low Date2017-11-16
Estimated Volume4First Delivery2019-11-29
Expiration2019-10-31Open Time18:00
Close Time17:00
Want to analyze RBOB GASOLINE Nov 2019 (E) RB.X19.E or another symbol? Try our Free Future Trend Analysis Report.