Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
RBOB GASOLINE Dec 2020 (NYMEX:RB.Z20)
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.
MarketClub’s Trade Triangles for RB.Z20
The long term trend has been UP since Mar 15th, 2019 at 1.5909
The intermediate term trend has been DOWN since May 10th, 2019 at 1.6690
The short term trend has been DOWN since May 10th, 2019 at 1.7043
Smart Scan Analysis for RB.Z20
Based on a pre-defined weighted trend formula for chart analysis, RB.Z20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.013||Contract High Date||2018-10-09|
|Contract Low||1.4501||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|