Futopt Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
RBOB GASOLINE MAY 2021 PUT 35000 (NYMEX:QRB.K21.35000P)
Long-Term Downtrend (-90) - QRB.K21.35000P is in a strong downtrend that is likely to continue. While QRB.K21.35000P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QRB.K21.35000P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.K21.35000P.
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MarketClub’s Trade Triangles for QRB.K21.35000P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QRB.K21.35000P
Based on our trend formula, QRB.K21.35000P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).