Future Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
RBOB GASOLINE Dec 2019 (NYMEX:RB.Z19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for RB.Z19
The long term trend has been UP since Mar 11th, 2019 at 1.6139
The intermediate term trend has been UP since Jan 9th, 2019 at 1.4493
The short term trend has been UP since Apr 17th, 2019 at 1.7408
Smart Scan Analysis for RB.Z19
Based on a pre-defined weighted trend formula for chart analysis, RB.Z19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.0779||Contract High Date||2018-10-03|
|Contract Low||1.4361||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|