Future Trend Analysis Report
Prepared for you on Monday, September 26, 2022.
RBOB GASOLINE Mar 2023 (NYMEX:RB.H23)
Strong Downtrend (-100) - RB.H23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.H23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RB.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.H23
The long-term trend has been DOWN since Jul 6th, 2022 at 2.5058
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.7483
The short-term trend has been DOWN since Sep 23rd, 2022 at 2.2956
Smart Scan Analysis for RB.H23
Based on our trend formula, RB.H23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).