Future Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
RBOB GASOLINE Mar 2021 (NYMEX:RB.H21)
Long-Term Uptrend (+90) - RB.H21 is in a strong uptrend that is likely to continue. While RB.H21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RB.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.H21
The long-term trend has been UP since Nov 24th, 2020 at 1.2585
The intermediate-term trend has been UP since Nov 10th, 2020 at 1.1923
The short-term trend has been UP since Feb 14th, 2021 at 1.7006
Smart Scan Analysis for RB.H21
Based on our trend formula, RB.H21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.0293||Contract High Date||2018-10-09|
|Contract Low||1.47||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|