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Spread Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

RBOB GASOLINE Dec 2020/Jan 2021 Spread (NYMEX:RB.Z20_F21)

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.Z20_F21
Open High Low RB.Z20_F21 Price Change
0.0130 0.0132 0.0129 0.0131 +0.0001
Entry Signal

MarketClub’s Trade Triangles for RB.Z20_F21

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.Z20_F21

Based on a pre-defined weighted trend formula for chart analysis, RB.Z20_F21 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RB.Z20_F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0130 0.0132 0.0129 0.0131 +0.0001
Prev. Close Volume Bid Ask Time
0.0125 76 2020-01-21 14:29:03
Open Time18:00Close Time17:00
Get a free daily report for RBOB GASOLINE Dec 2020/Jan 2021 Spread (RB.Z20_F21) - Free Trend Analysis Report.