Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, September 23, 2020.

RBOB GASOLINE Nov 2020 (NYMEX:RB.X20)

Crossroads (+60) - RB.X20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RB.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.X20.

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

NYMEX_RB.X20
Open High Low RB.X20 Price Change
1.1507 1.1598 1.1409 1.1567 +0.0047
Entry Signal

MarketClub’s Trade Triangles for RB.X20

long term up The long-term trend has been UP since Aug 5th, 2020 at 1.1742

intermediate term down The intermediate-term trend has been DOWN since Sep 4th, 2020 at 1.1387

short term down The short-term trend has been DOWN since Sep 21st, 2020 at 1.1891

Smart Scan Analysis for RB.X20

Based on our trend formula, RB.X20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RB.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1507 1.1598 1.1409 1.1567 +0.0047
Prev. Close Volume Bid Ask Time
1.1750 6053 2020-09-23 08:14:20
Contract High2.0399Contract High Date2018-10-09
Contract Low1.4719Contract Low Date2018-11-23
First Delivery2020-11-30Expiration2020-10-30
Open Time18:00Close Time17:00
Get a free daily analysis and signals for RBOB GASOLINE Nov 2020 (RB.X20) - Request Your Free Report.