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Prepared for you on Sunday, February 23, 2020.

RBOB GASOLINE NOV 21/JUL 23 (NYMEX:QRB.X21-QRB.N23)

Long-Term Downtrend (-90) - QRB.X21-QRB.N23 is in a strong downtrend that is likely to continue. While QRB.X21-QRB.N23 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.X21-QRB.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.X21-QRB.N23.

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

NYMEX_QRB.X21-QRB.N23
Open High Low QRB.X21-QRB.N23 Price Change
-0.1747 -0.1747 -0.1747 -0.1747 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.X21-QRB.N23

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.X21-QRB.N23

Based on our trend formula, QRB.X21-QRB.N23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.X21-QRB.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1747 -0.1747 -0.1747 -0.1747 0.0000
Prev. Close Volume Bid Ask Time
-0.1747 0 2020-02-21 00:00:00
Expiration2021-10-29
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