Future Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
RBOB GASOLINE Jun 2019 (NYMEX:QRB.M19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 QRB.M19
The long term trend has been UP since Mar 6th, 2019 at 1.7980
The intermediate term trend has been DOWN since May 5th, 2019 at 1.9833
The short term trend has been DOWN since May 20th, 2019 at 2.0352
Smart Scan Analysis for QRB.M19
Based on a pre-defined weighted trend formula for chart analysis, QRB.M19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||1.442|
|52wk Low Date||2018-12-25||Volatility||21.72|