Future Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
RBOB GASOLINE Jan 2021 (NYMEX:RB.F21)
Weak Downtrend (-65) - RB.F21 is showing signs of a strengthening downtrend. Monitor RB.F21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RB.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.F21
The long-term trend has been UP since Aug 5th, 2020 at 1.1700
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 1.1361
The short-term trend has been DOWN since Oct 21st, 2020 at 1.1336
Smart Scan Analysis for RB.F21
Based on our trend formula, RB.F21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.0108||Contract High Date||2018-10-09|
|Contract Low||1.4501||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|