Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

RBOB GASOLINE Nov 2019 (NYMEX:RB.X19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.X19
Open High Low RB.X19 Price Change
1.4944 1.5186 1.4895 1.5068 +0.0096
Entry Signal

MarketClub’s Trade Triangles for RB.X19

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 1.5150

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2019 at 1.7153

short term down The short term trend has been DOWN since Jun 12th, 2019 at 1.4810

Smart Scan Analysis for RB.X19

Based on a pre-defined weighted trend formula for chart analysis, RB.X19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for RB.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4944 1.5186 1.4895 1.5068 +0.0096
Prev. Close Volume Bid Ask Time
1.6775 5644 2019-06-14 16:39:33
Contract High2.0968Contract High Date2018-10-03
Contract Low1.4458Contract Low Date2018-11-23
First Delivery2019-11-29Expiration2019-10-31
Open Time18:00Close Time17:00
Want to analyze RBOB GASOLINE Nov 2019 RB.X19 or another symbol? Try our Free Future Trend Analysis Report.