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.
MarketClub’s Trade Triangles for RB.G21
The long-term trend has been UP since Aug 5th, 2020 at 1.1749
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 1.1582
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).
|Contract High||2.0144||Contract High Date||2018-10-09|
|Contract Low||1.4544||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|