Future Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
RBOB GASOLINE Feb 2024 (NYMEX:RB.G24)
Weak Downtrend (-65) - RB.G24 is showing signs of a strengthening downtrend. Monitor RB.G24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RB.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.G24
The long-term trend has been UP since Jul 24th, 2023 at 2.3174
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 2.3924
The short-term trend has been DOWN since Sep 18th, 2023 at 2.4965
Smart Scan Analysis for RB.G24
Based on our trend formula, RB.G24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).