Future Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
RBOB GASOLINE Dec 2019 (NYMEX:RB.Z19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for RB.Z19
The long term trend has been DOWN since Nov 1st, 2018 at 1.7736
The intermediate term trend has been UP since Jan 9th, 2019 at 1.4493
The short term trend has been DOWN since Jan 22nd, 2019 at 1.4796
Smart Scan Analysis for RB.Z19
Based on a pre-defined weighted trend formula for chart analysis, RB.Z19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.0779||Contract High Date||2018-10-03|
|Contract Low||1.4361||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|