Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
RBOB CALENDAR SPREAD 1 MO NOVEMBER 2021 (NYMEX:QZIY.X21)
Bull Market Weakness (+75) - QZIY.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QZIY.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QZIY.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QZIY.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QZIY.X21
The long-term trend has been UP since Nov 27th, 2020 at 0.0140
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.0396
The short-term trend has been UP since Oct 4th, 2021 at 0.0373
Smart Scan Analysis for QZIY.X21
Based on our trend formula, QZIY.X21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).