Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
RBOB GASOLINE (E-MINI) Nov 2021 (NYMEX:QU.X21)
Countertrend Up (+85) - QU.X21 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 QU.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QU.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QU.X21
The long-term trend has been UP since Oct 1st, 2021 at 2.084
The intermediate-term trend has been UP since Oct 1st, 2021 at 2.084
The short-term trend has been UP since Oct 26th, 2021 at 2.508
Smart Scan Analysis for QU.X21
Based on our trend formula, QU.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).