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.
MarketClub’s Trade Triangles for RB.X20
The long-term trend has been UP since Aug 5th, 2020 at 1.1742
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 1.1387
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).
|Contract High||2.0399||Contract High Date||2018-10-09|
|Contract Low||1.4719||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|