Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

RBOB GASOLINE Nov 2019 (NYMEX:RB.X19)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.X19
Open High Low RB.X19 Price Change
1.7005 1.7015 1.6228 1.6346 -0.0807
Entry Signal

MarketClub’s Trade Triangles for RB.X19

long term up The long term trend has been UP since Mar 7th, 2019 at 1.6232

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2019 at 1.7153

short term down The short term trend has been DOWN since May 22nd, 2019 at 1.7354

Smart Scan Analysis for RB.X19

Based on a pre-defined weighted trend formula for chart analysis, RB.X19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RB.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7005 1.7015 1.6228 1.6346 -0.0807
Prev. Close Volume Bid Ask Time
1.5875 9301 2019-05-23 16:09:46
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
Want to analyze RBOB GASOLINE Nov 2019 RB.X19 or another symbol? Try our Free Future Trend Analysis Report.