Future Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
RBOB GASOLINE Jun 2020 (NYMEX:RB.M20)
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.M20
The long term trend has been UP since Mar 18th, 2019 at 1.8146
The intermediate term trend has been UP since Mar 18th, 2019 at 1.8146
The short term trend has been UP since Apr 2nd, 2019 at 1.8332
Smart Scan Analysis for RB.M20
Based on a pre-defined weighted trend formula for chart analysis, RB.M20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.2677||Contract High Date||2018-10-09|
|Contract Low||1.6687||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|