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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

RBOB GASOLINE Aug 2022 (NYMEX:RB.Q22)

Long-Term Downtrend (-90) - RB.Q22 is in a strong downtrend that is likely to continue. While RB.Q22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q22.

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

NYMEX_RB.Q22
Open High Low RB.Q22 Price Change
2.0453 2.0542 2.0453 2.0542 +0.0312
Entry Signal

MarketClub’s Trade Triangles for RB.Q22

long term down The long-term trend has been DOWN since Dec 2nd, 2021 at 1.9869

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.2872

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 2.2150

Smart Scan Analysis for RB.Q22

Based on our trend formula, RB.Q22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RB.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0453 2.0542 2.0453 2.0542 +0.0312
Prev. Close Volume Bid Ask Time
2.0230 70 2021-12-03 07:17:58
Expiration2022-07-29Open Time09:00
Close Time14:30
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