Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
RBOB CRACK SPREAD OCTOBER 2021 (NYMEX:QARE.V21)
Long-Term Uptrend (+90) - QARE.V21 is in a strong uptrend that is likely to continue. While QARE.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QARE.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QARE.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QARE.V21
The long-term trend has been UP since Sep 16th, 2020 at 7.23
The intermediate-term trend has been UP since Oct 4th, 2021 at 18.60
The short-term trend has been UP since Oct 4th, 2021 at 16.53
Smart Scan Analysis for QARE.V21
Based on our trend formula, QARE.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).