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Future Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

RBOB GASOLINE Oct 2019 (NYMEX:RB.V19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1.5121 1.5344 1.5060 1.5229 +0.0160
Entry Signal

MarketClub’s Trade Triangles for RB.V19

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 1.5462

intermediate term down The intermediate term trend has been DOWN since Jul 19th, 2019 at 1.6331

short term down The short term trend has been DOWN since Aug 15th, 2019 at 1.5143

Smart Scan Analysis for RB.V19

Based on a pre-defined weighted trend formula for chart analysis, RB.V19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for RB.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5121 1.5344 1.5060 1.5229 +0.0160
Prev. Close Volume Bid Ask Time
1.7136 43160 2019-08-16 16:50:51
Contract High2.13Contract High Date2018-10-03
Contract Low1.4675Contract Low Date2018-11-23
First Delivery2019-10-31Expiration2019-09-30
Open Time09:00Close Time14:30
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