Future Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
RBOB GASOLINE Nov 2021 (NYMEX:RB.X21)
Countertrend Up (+85) - RB.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.X21
The long-term trend has been UP since Nov 10th, 2020 at 1.2140
The intermediate-term trend has been UP since Aug 29th, 2021 at 2.0925
The short-term trend has been DOWN since Sep 17th, 2021 at 2.1139
Smart Scan Analysis for RB.X21
Based on our trend formula, RB.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||1.9752||Contract High Date||2018-10-09|
|Contract Low||1.4213||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|