Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

RBOB GASOLINE Jul 2020 (NYMEX:RB.N20)

Bull Market Weakness (+75) - RB.N20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.N20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RB.N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.N20.

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

NYMEX_RB.N20
Open High Low RB.N20 Price Change
1.1150 1.1277 1.1053 1.1230 +0.0099
Entry Signal

MarketClub’s Trade Triangles for RB.N20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 1.6335

intermediate term up The intermediate-term trend has been UP since May 4th, 2020 at 0.8600

short term up The short-term trend has been UP since May 29th, 2020 at 1.0618

Smart Scan Analysis for RB.N20

Based on our trend formula, RB.N20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RB.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1150 1.1277 1.1053 1.1230 +0.0099
Prev. Close Volume Bid Ask Time
0.6953 3023 2020-06-04 04:56:57
Contract High2.2502Contract High Date2018-10-09
Contract Low1.6589Contract Low Date2018-11-23
First Delivery2020-07-31Expiration2020-06-30
Open Time09:00Close Time14:30
Get a free daily analysis and signals for RBOB GASOLINE Jul 2020 (RB.N20) - Request Your Free Report.