Future Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
RBOB GASOLINE (TAS) JULY 2019 (NYMEX:RBT.N19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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.
MarketClub’s Trade Triangles for RBT.N19
The long term trend has been DOWN since Jan 28th, 2019 at 0
The intermediate term trend has been UP since Feb 6th, 2019 at 1
The short term trend has been DOWN since Feb 8th, 2019 at 0
Smart Scan Analysis for RBT.N19
Based on a pre-defined weighted trend formula for chart analysis, RBT.N19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).