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Future Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

RBOB GASOLINE Nov 2019 (NYMEX:RB.X19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.X19
Open High Low RB.X19 Price Change
1.6160 1.6160 1.5812 1.6107 +0.0253
Entry Signal

MarketClub’s Trade Triangles for RB.X19

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 1.5150

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 1.5811

short term down The short term trend has been DOWN since Jul 15th, 2019 at 1.7116

Smart Scan Analysis for RB.X19

Based on a pre-defined weighted trend formula for chart analysis, RB.X19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RB.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6160 1.6160 1.5812 1.6107 +0.0253
Prev. Close Volume Bid Ask Time
1.6775 9705 2019-07-19 16:39:38
Contract High2.0968Contract High Date2018-10-03
Contract Low1.4458Contract Low Date2018-11-23
First Delivery2019-11-29Expiration2019-10-31
Open Time18:00Close Time17:00
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