Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Saturday, July 4, 2020.

RBOB GASOLINE Jun 2021/Dec 2021 Spread (NYMEX:RB.M21_Z21)

Strong Downtrend (-100) - RB.M21_Z21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.M21_Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.M21_Z21.

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

NYMEX_RB.M21_Z21
Open High Low RB.M21_Z21 Price Change
0.1679 0.1679 0.1668 0.1668 -0.0012
Entry Signal

MarketClub’s Trade Triangles for RB.M21_Z21

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 RB.M21_Z21

Based on our trend formula, RB.M21_Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.M21_Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1679 0.1679 0.1668 0.1668 -0.0012
Prev. Close Volume Bid Ask Time
0.1640 5 2020-07-03 08:44:21
Open Time09:00Close Time14:30
Get a free daily analysis and signals for RBOB GASOLINE Jun 2021/Dec 2021 Spread (RB.M21_Z21) - Request Your Free Report.