Futopt Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
RBOB GASOLINE NOVEMBER 2022 PUT 17600 (NYMEX:QRB.X22.17600P)
Strong Downtrend (-100) - QRB.X22.17600P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QRB.X22.17600P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QRB.X22.17600P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.X22.17600P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRB.X22.17600P
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.X22.17600P
Based on our trend formula, QRB.X22.17600P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).