Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
RBOB GASOLINE (TAS) Mar 2019 (NYMEX:RBT.H19)
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.
MarketClub’s Trade Triangles for RBT.H19
The long term trend has been UP since Dec 21st, 2018 at 6
The intermediate term trend has been DOWN since Jan 18th, 2019 at -4
The short term trend has been DOWN since Jan 14th, 2019 at -1
Smart Scan Analysis for RBT.H19
Based on a pre-defined weighted trend formula for chart analysis, RBT.H19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||14:30|