Future Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
RBOB GASOLINE Mar 2022 (NYMEX:RB.H22)
Countertrend Up (+85) - RB.H22 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.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.H22
The long-term trend has been UP since Sep 15th, 2021 at 2.0929
The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.0310
The short-term trend has been DOWN since Sep 17th, 2021 at 2.0469
Smart Scan Analysis for RB.H22
Based on our trend formula, RB.H22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).