Future Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
RBOB GASOLINE Feb 2022 (NYMEX:RB.G22)
Countertrend Up (+85) - RB.G22 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 RB.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.G22
The long-term trend has been UP since Jan 14th, 2022 at 2.4026
The intermediate-term trend has been UP since Dec 22nd, 2021 at 2.1576
The short-term trend has been DOWN since Jan 20th, 2022 at 2.4294
Smart Scan Analysis for RB.G22
Based on our trend formula, RB.G22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).