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Future Trend Analysis Report

Prepared for you on Tuesday, November 12, 2019.

RBOB GASOLINE Feb 2020 (NYMEX:RB.G20)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.G20
Open High Low RB.G20 Price Change
1.6019 1.6166 1.6019 1.6161 +0.0084
Entry Signal

MarketClub’s Trade Triangles for RB.G20

long term up The long term trend has been UP since Sep 16th, 2019 at 1.6882

intermediate term up The intermediate term trend has been UP since Sep 5th, 2019 at 1.5276

short term down The short term trend has been DOWN since Nov 6th, 2019 at 1.6267

Smart Scan Analysis for RB.G20

Based on a pre-defined weighted trend formula for chart analysis, RB.G20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for RB.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6019 1.6166 1.6019 1.6161 +0.0084
Prev. Close Volume Bid Ask Time
1.5417 3670 2019-11-12 08:57:44
Contract High2.0823Contract High Date2018-10-03
Contract Low1.447Contract Low Date2018-11-23
First Delivery2020-02-28Expiration2020-01-31
Open Time18:00Close Time17:00
Want to analyze RBOB GASOLINE Feb 2020 RB.G20 or another symbol? Try our Free Future Trend Analysis Report.