Technical Analysis Gasoline, NYH RBOB (RB.FUT)

  Close: 1.64 (0.00), Oct 19, 2017
Chart Technical Analysis Gasoline, NYH RBOB (RB)

Recommendation medium term

Gasoline, NYH RBOB is within a rising trend, which indicates a continued growth. Has reacted back after meeting the objective at 2.06 after a break of a inverse head and shoulders formation. A significant penetration of 1.72 will again give new positive signals to the future, while a break on the opposite side of the formation will be a strong negative signal. The future is approaching the resistance at 1.68, which may give a negative reaction. The poor liquidity of the future (traded 100% of the days, mean 0.06 mill per day) may weaken the analysis. The future is overall assessed as technically neutral for the medium long term.

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Historical development

Period Vol.bal. Volatility Liquidity +/- %
1 day0.001.65%0.05+0.11%
5 days-67.535.65%0.06+3.88%
22 days5.7215.03%0.06-1.17%
66 days-51.5225.27%0.07+4.17%



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