Future Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
RBOB GASOLINE Cash (NYMEX:RB.Y$$)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for RB.Y$$
The long term trend has been DOWN since Oct 12th, 2018 at 2.1973
The intermediate term trend has been DOWN since Oct 11th, 2018 at 2.2686
The short term trend has been DOWN since Nov 1st, 2018 at 2.0926
Smart Scan Analysis for RB.Y$$
Based on a pre-defined weighted trend formula for chart analysis, RB.Y$$ scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||3.5639||Contract High Date||2013-05-17|
|Contract Low||0.9635||Contract Low Date||2008-12-24|
|Open Time||09:00||Close Time||14:30|