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Spread Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

RBOB GASOLINE Jun 2020/HO Spread (NYMEX:RB.M20_HO.M20)

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.M20_HO.M20
Open High Low RB.M20_HO.M20 Price Change
-0.0160 0.0020 -0.0160 -0.0037 +0.0130
Entry Signal

MarketClub’s Trade Triangles for RB.M20_HO.M20

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.M20_HO.M20

Based on a pre-defined weighted trend formula for chart analysis, RB.M20_HO.M20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RB.M20_HO.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0160 0.0020 -0.0160 -0.0037 +0.0130
Prev. Close Volume Bid Ask Time
-0.0447 567 2020-01-17 10:04:45
Open Time09:00Close Time14:30
Get a free daily report for RBOB GASOLINE Jun 2020/HO Spread (RB.M20_HO.M20) - Free Trend Analysis Report.