Future Trend Analysis Report
Prepared for you on Monday, December 9, 2019.
RBOB GASOLINE Jan 2020 (NYMEX:RB.F20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 RB.F20
The long term trend has been UP since Nov 21st, 2019 at 1.6840
The intermediate term trend has been DOWN since Dec 2nd, 2019 at 1.5877
The short term trend has been UP since Dec 4th, 2019 at 1.6157
Smart Scan Analysis for RB.F20
Based on a pre-defined weighted trend formula for chart analysis, RB.F20 scored +75 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|