Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
RBOB GASOLINE LAST DAY FINANCIAL JULY 2022 (NYMEX:Q27.N22)
Countertrend Up (+85) - Q27.N22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid Q27.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q27.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q27.N22
The long-term trend has been UP since Sep 28th, 2021 at 2.1629
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.1052
The short-term trend has been UP since Sep 10th, 2021 at 2.1113
Smart Scan Analysis for Q27.N22
Based on our trend formula, Q27.N22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).