Future Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
RBOB GASOLINE DECEMBER 2019 (NYMEX:QRB.Z19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for QRB.Z19
The long term trend has been UP since Sep 16th, 2019 at 1.7113
The intermediate term trend has been UP since Oct 23rd, 2019 at 1.6007
The short term trend has been UP since Nov 20th, 2019 at 1.6405
Smart Scan Analysis for QRB.Z19
Based on a pre-defined weighted trend formula for chart analysis, QRB.Z19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2.0817||52wk High Date||2018-10-03|
|52wk Low||1.2684||52wk Low Date||2018-12-24|