Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

RBOB GASOLINE Jan 2020 (NYMEX:RB.F20)

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.F20
Open High Low RB.F20 Price Change
1.6122 1.6205 1.5906 1.6175 +0.0200
Entry Signal

MarketClub’s Trade Triangles for RB.F20

long term up The long term trend has been UP since Mar 11th, 2019 at 1.6077

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2019 at 1.6852

short term down The short term trend has been DOWN since May 22nd, 2019 at 1.6980

Smart Scan Analysis for RB.F20

Based on a pre-defined weighted trend formula for chart analysis, RB.F20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RB.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6122 1.6205 1.5906 1.6175 +0.0200
Prev. Close Volume Bid Ask Time
1.569 1264 2019-05-24 14:29:40
Contract High2.0736Contract High Date2018-10-03
Contract Low1.4363Contract Low Date2018-11-23
First Delivery2020-01-31Expiration2019-12-31
Open Time09:00Close Time14:30
Want to analyze RBOB GASOLINE Jan 2020 RB.F20 or another symbol? Try our Free Future Trend Analysis Report.