Future Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
RBOB GASOLINE Mar 2020 (NYMEX:RB.H20)
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 RB.H20
The long term trend has been DOWN since Jun 3rd, 2019 at 1.5260
The intermediate term trend has been UP since Sep 5th, 2019 at 1.5414
The short term trend has been UP since Sep 15th, 2019 at 1.5844
Smart Scan Analysis for RB.H20
Based on a pre-defined weighted trend formula for chart analysis, RB.H20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.0992||Contract High Date||2018-10-03|
|Contract Low||1.467||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|