Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
RBOB GASOLINE Dec 2020 (NYMEX:RB.Z20)
Strong Uptrend (+100) - RB.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RB.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RB.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Z20
The long-term trend has been UP since Nov 23rd, 2020 at 1.2177
The intermediate-term trend has been UP since Nov 10th, 2020 at 1.1695
The short-term trend has been UP since Nov 16th, 2020 at 1.1503
Smart Scan Analysis for RB.Z20
Based on our trend formula, RB.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.013||Contract High Date||2018-10-09|
|Contract Low||1.4501||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|