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Future Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

RBOB GASOLINE Feb 2021 (NYMEX:RB.G21)

Sidelines Mode (-55) - RB.G21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RB.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.G21.

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

NYMEX_RB.G21
Open High Low RB.G21 Price Change
1.1571 1.1575 1.1521 1.1570 -0.0050
Entry Signal

MarketClub’s Trade Triangles for RB.G21

long term up The long-term trend has been UP since Aug 5th, 2020 at 1.1749

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 1.1582

short term up The short-term trend has been UP since Sep 15th, 2020 at 1.1068

Smart Scan Analysis for RB.G21

Based on our trend formula, RB.G21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RB.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1571 1.1575 1.1521 1.1570 -0.0050
Prev. Close Volume Bid Ask Time
1.1704 51 2020-09-22 03:04:03
Contract High2.0144Contract High Date2018-10-09
Contract Low1.4544Contract Low Date2018-11-23
First Delivery2021-02-26Expiration2021-01-29
Open Time18:00Close Time17:00
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