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Future Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

RBOB GASOLINE Dec 2019 (NYMEX:QRB.Z19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_QRB.Z19
Open High Low QRB.Z19 Price Change
1.4573 1.4778 1.4499 1.4643 +0.0136
Entry Signal

MarketClub’s Trade Triangles for QRB.Z19

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 1.4921

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 1.5576

short term up The short term trend has been UP since Aug 13th, 2019 at 1.4734

Smart Scan Analysis for QRB.Z19

Based on a pre-defined weighted trend formula for chart analysis, QRB.Z19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for QRB.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4573 1.4778 1.4499 1.4643 +0.0136
Prev. Close Volume Bid Ask Time
1.4632 10829 1.4150 1.5700 2019-08-16 16:58:15
52wk High201852wk Low1.2684
52wk Low Date2018-12-24Volatility32.54
Expiration2019-11-29
Want to analyze RBOB GASOLINE Dec 2019 QRB.Z19 or another symbol? Try our Free Future Trend Analysis Report.