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Prepared for you on Friday, February 21, 2020.

RBOB GASOLINE AUG 21/JUL 22 (NYMEX:QRB.Q21-QRB.N22)

Long-Term Downtrend (-90) - QRB.Q21-QRB.N22 is in a strong downtrend that is likely to continue. While QRB.Q21-QRB.N22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRB.Q21-QRB.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Q21-QRB.N22.

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

NYMEX_QRB.Q21-QRB.N22
Open High Low QRB.Q21-QRB.N22 Price Change
-0.0182 -0.0182 -0.0182 -0.0182 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.Q21-QRB.N22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QRB.Q21-QRB.N22

Based on our trend formula, QRB.Q21-QRB.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.Q21-QRB.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0182 -0.0182 -0.0182 -0.0182 0.0000
Prev. Close Volume Bid Ask Time
-0.0182 0 2020-02-20 00:00:00
Expiration2021-07-30
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