Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

RBOB GASOLINE Oct 2019 (NYMEX:RB.V19)

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.

NYMEX_RB.V19
Open High Low RB.V19 Price Change
1.5488 1.7772 1.5486 1.7502 +0.0193
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 up The intermediate term trend has been UP since Sep 6th, 2019 at 1.5816

short term up The short term trend has been UP since Sep 15th, 2019 at 1.5810

Smart Scan Analysis for RB.V19

Based on a pre-defined weighted trend formula for chart analysis, RB.V19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for RB.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5488 1.7772 1.5486 1.7502 +0.0193
Prev. Close Volume Bid Ask Time
1.7136 68061 2019-09-17 06:06:51
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
Want to analyze RBOB GASOLINE Oct 2019 RB.V19 or another symbol? Try our Free Future Trend Analysis Report.