Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
RBOB GASOLINE VS BRENT CRACK SPREAD NOVEMBER 2021 (NYMEX:QRBB.X21)
Sidelines Mode (+55) - QRBB.X21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QRBB.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRBB.X21
The long-term trend has been UP since Jun 22nd, 2020 at 3.153
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 14.687
The short-term trend has been UP since Oct 4th, 2021 at 14.101
Smart Scan Analysis for QRBB.X21
Based on our trend formula, QRBB.X21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).