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Future Trend Analysis Report

Prepared for you on Monday, March 25, 2019.

RBOB GASOLINE Oct 2019 (NYMEX:RB.V19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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_RB.V19
Open High Low RB.V19 Price Change
1.6700 1.6872 1.6577 1.6853 +0.0078
Entry Signal

MarketClub’s Trade Triangles for RB.V19

long term up The long term trend has been UP since Mar 11th, 2019 at 1.6478

intermediate term up The intermediate term trend has been UP since Jan 9th, 2019 at 1.5219

short term down The short term trend has been DOWN since Mar 22nd, 2019 at 1.6680

Smart Scan Analysis for RB.V19

Based on a pre-defined weighted trend formula for chart analysis, RB.V19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for RB.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6700 1.6872 1.6577 1.6853 +0.0078
Prev. Close Volume Bid Ask Time
1.6083 6429 2019-03-25 13:42:54
Contract High2.13Contract High Date2018-10-03
Contract Low1.4675Contract Low Date2018-11-23
First Delivery2019-10-31Expiration2019-09-30
Open Time18:00Close Time17:00
Want to analyze RBOB GASOLINE Oct 2019 RB.V19 or another symbol? Try our Free Future Trend Analysis Report.