Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
RBOB GASOLINE Mar 2022 (NYMEX:RB.H22)
Long-Term Uptrend (+90) - RB.H22 is in a strong uptrend that is likely to continue. While RB.H22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Jan 12th, 2022 at 2.3965
The intermediate-term trend has been UP since Dec 21st, 2021 at 2.1527
The short-term trend has been UP since Jan 23rd, 2022 at 2.4627
Smart Scan Analysis for RB.H22
Based on our trend formula, RB.H22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).