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Spread Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

RBOB GASOLINE Apr 2020/May 2020 Spread (NYMEX:RB.J20_K20)

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.J20_K20
Open High Low RB.J20_K20 Price Change
-0.0056 -0.0051 -0.0065 -0.0053 +0.0005
Entry Signal

MarketClub’s Trade Triangles for RB.J20_K20

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for RB.J20_K20

Based on a pre-defined weighted trend formula for chart analysis, RB.J20_K20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RB.J20_K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0056 -0.0051 -0.0065 -0.0053 +0.0005
Prev. Close Volume Bid Ask Time
-0.0016 659 2020-01-23 08:29:40
Open Time18:00Close Time17:00
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