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Future Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

RBOB GASOLINE May 2020 (NYMEX:RB.K20)

Weak Downtrend (-65) - RB.K20 is showing signs of a strengthening downtrend. Monitor RB.K20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.K20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_RB.K20
Open High Low RB.K20 Price Change
0.7058 0.7282 0.7048 0.7202 +0.0093
Entry Signal

MarketClub’s Trade Triangles for RB.K20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 1.6592

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1.6141

short term up The short-term trend has been UP since Mar 26th, 2020 at 0.6205

Smart Scan Analysis for RB.K20

Based on our trend formula, RB.K20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RB.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7058 0.7282 0.7048 0.7202 +0.0093
Prev. Close Volume Bid Ask Time
0.5658 757 2020-04-07 02:31:23
Contract High2.2769Contract High Date2018-10-03
Contract Low1.679Contract Low Date2018-11-23
First Delivery2020-05-29Expiration2020-04-30
Open Time09:00Close Time14:30
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