Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

RBOB GASOLINE Jan 2020 (NYMEX:RB.F20)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NYMEX_RB.F20
Open High Low RB.F20 Price Change
1.4669 1.4783 1.4603 1.4603 -0.0078
Entry Signal

MarketClub’s Trade Triangles for RB.F20

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 1.4840

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 1.5530

short term up The short term trend has been UP since Aug 20th, 2019 at 1.4683

Smart Scan Analysis for RB.F20

Based on a pre-defined weighted trend formula for chart analysis, RB.F20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for RB.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4669 1.4783 1.4603 1.4603 -0.0078
Prev. Close Volume Bid Ask Time
1.6397 1280 2019-08-20 09:38:01
Contract High2.0736Contract High Date2018-10-03
Contract Low1.4363Contract Low Date2018-11-23
First Delivery2020-01-31Expiration2019-12-31
Open Time18:00Close Time17:00
Want to analyze RBOB GASOLINE Jan 2020 RB.F20 or another symbol? Try our Free Future Trend Analysis Report.