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Future Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

RBOB GASOLINE APRIL 2020 (NYMEX:QRB.J20)

Countertrend Down (-85) - QRB.J20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QRB.J20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.J20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QRB.J20
Open High Low QRB.J20 Price Change
0.5966 0.6187 0.5478 0.5517 -0.0338
Entry Signal

MarketClub’s Trade Triangles for QRB.J20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 1.6661

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1.6055

short term up The short-term trend has been UP since Mar 31st, 2020 at 0.5993

Smart Scan Analysis for QRB.J20

Based on our trend formula, QRB.J20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QRB.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5966 0.6187 0.5478 0.5517 -0.0338
Prev. Close Volume Bid Ask Time
0.5855 0 2020-03-31 14:29:14
52wk High1.986252wk High Date2020-01-07
52wk Low0.37652wk Low Date2020-03-23
Volatility107.66Expiration2020-03-31
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