Future Trend Analysis Report
Prepared for you on Wednesday, July 8, 2020.
RBOB GASOLINE Mar 2021 (NYMEX:RB.H21)
Bull Market Weakness (+75) - RB.H21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.H21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.H21
The long-term trend has been DOWN since Jan 29th, 2020 at 1.5030
The intermediate-term trend has been UP since May 5th, 2020 at 0.9164
The short-term trend has been UP since Jul 1st, 2020 at 1.1220
Smart Scan Analysis for RB.H21
Based on our trend formula, RB.H21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.0293||Contract High Date||2018-10-09|
|Contract Low||1.47||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|