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.
MarketClub’s Trade Triangles for RB.F20
The long term trend has been UP since Mar 11th, 2019 at 1.6077
The intermediate term trend has been DOWN since May 2nd, 2019 at 1.6852
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).
|Contract High||2.0736||Contract High Date||2018-10-03|
|Contract Low||1.4363||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|