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Future Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

RBOB GASOLINE May 2021 (NYMEX:RB.K21)

Bull Market Weakness (+75) - RB.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.K21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RB.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.K21.

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

NYMEX_RB.K21
Open High Low RB.K21 Price Change
1.9689 1.9865 1.9659 1.9836 +0.0157
Entry Signal

MarketClub’s Trade Triangles for RB.K21

long term up The long-term trend has been UP since Nov 24th, 2020 at 1.4120

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 1.8982

short term up The short-term trend has been UP since Apr 11th, 2021 at 1.9691

Smart Scan Analysis for RB.K21

Based on our trend formula, RB.K21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RB.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9689 1.9865 1.9659 1.9836 +0.0157
Prev. Close Volume Bid Ask Time
1.9679 6680 2021-04-13 09:12:30
Contract High2.2219Contract High Date2018-10-09
Contract Low1.6639Contract Low Date2018-11-23
First Delivery2021-05-31Expiration2021-04-30
Open Time18:00Close Time17:00
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