Future Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
RBOB GASOLINE Dec 2021 (NYMEX:RB.Z21)
Sidelines Mode (+55) - RB.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RB.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Z21
The long-term trend has been DOWN since Aug 20th, 2021 at 1.8184
The intermediate-term trend has been UP since Aug 29th, 2021 at 2.0500
The short-term trend has been DOWN since Sep 17th, 2021 at 2.0685
Smart Scan Analysis for RB.Z21
Based on our trend formula, RB.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).