Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

RBOB GASOLINE Dec 2019 (NYMEX:RB.Z19)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.Z19
Open High Low RB.Z19 Price Change
1.7076 1.7137 1.6741 1.6877 -0.0333
Entry Signal

MarketClub’s Trade Triangles for RB.Z19

long term up The long term trend has been UP since Mar 11th, 2019 at 1.6139

intermediate term down The intermediate term trend has been DOWN since May 2nd, 2019 at 1.6960

short term down The short term trend has been DOWN since May 21st, 2019 at 1.7078

Smart Scan Analysis for RB.Z19

Based on a pre-defined weighted trend formula for chart analysis, RB.Z19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RB.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7076 1.7137 1.6741 1.6877 -0.0333
Prev. Close Volume Bid Ask Time
1.5720 4793 2019-05-22 14:29:50
Contract High2.0779Contract High Date2018-10-03
Contract Low1.4361Contract Low Date2018-11-23
First Delivery2019-12-31Expiration2019-11-29
Open Time18:00Close Time17:00
Want to analyze RBOB GASOLINE Dec 2019 RB.Z19 or another symbol? Try our Free Future Trend Analysis Report.