Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
RBOB GASOLINE Jun 2021 (NYMEX:RB.M21)
Weak Uptrend (+65) - RB.M21 is showing signs of weakening momentum to the upside. Monitor RB.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.M21
The long-term trend has been UP since Nov 24th, 2020 at 1.4163
The intermediate-term trend has been UP since Apr 14th, 2021 at 2.0281
The short-term trend has been DOWN since Apr 20th, 2021 at 2.0324
Smart Scan Analysis for RB.M21
Based on our trend formula, RB.M21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2133||Contract High Date||2018-10-09|
|Contract Low||1.656||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|