Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
RBOB GASOLINE Apr 2021 (NYMEX:RB.J21)
Bull Market Weakness (+75) - RB.J21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.J21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.J21
The long-term trend has been UP since Nov 24th, 2020 at 1.4045
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.3011
The short-term trend has been DOWN since Mar 1st, 2021 at 1.9429
Smart Scan Analysis for RB.J21
Based on our trend formula, RB.J21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2141||Contract High Date||2018-10-09|
|Contract Low||1.6554||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|