Future Trend Analysis Report
Prepared for you on Thursday, September 23, 2021.
RBOB GASOLINE Jun 2022 (NYMEX:RB.M22)
Countertrend Up (+85) - RB.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.M22
The long-term trend has been UP since Sep 15th, 2021 at 2.1857
The intermediate-term trend has been UP since Aug 30th, 2021 at 2.1252
The short-term trend has been DOWN since Sep 20th, 2021 at 2.1489
Smart Scan Analysis for RB.M22
Based on our trend formula, RB.M22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).