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Spread Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

RBOB GASOLINE Jun 2019/Aug 2019 Spread (NYMEX:RB.M19_Q19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.M19_Q19
Open High Low RB.M19_Q19 Price Change
0.0645 0.0681 0.0645 0.0672 +0.0033
Entry Signal

MarketClub’s Trade Triangles for RB.M19_Q19

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.M19_Q19

Based on a pre-defined weighted trend formula for chart analysis, RB.M19_Q19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RB.M19_Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0645 0.0681 0.0645 0.0672 +0.0033
Prev. Close Volume Bid Ask Time
0.0141 1246 2019-04-26 09:31:20
Open Time09:00Close Time14:30
Want to analyze RBOB GASOLINE Jun 2019/Aug 2019 Spread RB.M19_Q19 or another symbol? Try our Free Spread Trend Analysis Report.