Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

RBOB GASOLINE Jun 2020 (NYMEX:RB.M20)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.M20
Open High Low RB.M20 Price Change
1.7271 1.7295 1.7099 1.7160 -0.0090
Entry Signal

MarketClub’s Trade Triangles for RB.M20

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 1.6900

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2019 at 1.6676

short term up The short term trend has been UP since Oct 7th, 2019 at 1.6890

Smart Scan Analysis for RB.M20

Based on a pre-defined weighted trend formula for chart analysis, RB.M20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for RB.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7271 1.7295 1.7099 1.7160 -0.0090
Prev. Close Volume Bid Ask Time
1.6785 1327 2019-10-18 15:15:44
Contract High2.26770000Contract High Date2018-10-09
Contract Low1.66870000Contract Low Date2018-11-23
First Delivery2020-06-30Expiration2020-05-29
Open Time09:00Close Time14:30
Want to analyze RBOB GASOLINE Jun 2020 RB.M20 or another symbol? Try our Free Future Trend Analysis Report.