Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
RBOB GASOLINE Feb 2020 (NYMEX:RB.G20)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.G20
The long term trend has been DOWN since Jun 3rd, 2019 at 1.4980
The intermediate term trend has been DOWN since May 2nd, 2019 at 1.6902
The short term trend has been UP since Jun 19th, 2019 at 1.4988
Smart Scan Analysis for RB.G20
Based on a pre-defined weighted trend formula for chart analysis, RB.G20 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.0823||Contract High Date||2018-10-03|
|Contract Low||1.447||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|