Futopt Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
RBOB GASOLINE JUNE 2021 CALL 6500 (NYMEX:QRB.M21.6500C)
Long-Term Downtrend (-90) - QRB.M21.6500C is in a strong downtrend that is likely to continue. While QRB.M21.6500C 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.M21.6500C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M21.6500C.
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MarketClub’s Trade Triangles for QRB.M21.6500C
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.M21.6500C
Based on our trend formula, QRB.M21.6500C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).