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Future Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

RBOB GASOLINE Jun 2020 (NYMEX:QRB.M20)

Countertrend Down (-85) - QRB.M20 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.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M20.

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

NYMEX_QRB.M20
Open High Low QRB.M20 Price Change
0.7222 0.7689 0.6976 0.7315 -0.0208
Entry Signal

MarketClub’s Trade Triangles for QRB.M20

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 1.6573

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1.6035

short term up The short-term trend has been UP since Apr 2nd, 2020 at 0.6864

Smart Scan Analysis for QRB.M20

Based on our trend formula, QRB.M20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QRB.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7222 0.7689 0.6976 0.7315 -0.0208
Prev. Close Volume Bid Ask Time
0.7523 3341 0.7305 0.7320 2020-04-06 06:13:48
52wk High1.976552wk High Date2020-01-07
52wk Low0.518952wk Low Date2020-03-23
Volatility86.79Expiration2020-05-29
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