Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
RBOB GASOLINE Jan 2022 (NYMEX:RB.F22)
Crossroads (-60) - RB.F22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RB.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.F22
The long-term trend has been UP since Nov 25th, 2020 at 1.2440
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.2795
The short-term trend has been DOWN since Nov 26th, 2021 at 2.2105
Smart Scan Analysis for RB.F22
Based on our trend formula, RB.F22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).