Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
RBOB GASOLINE Apr 2021 (NYMEX:RB.J21)
Long-Term Uptrend (+90) - RB.J21 is in a strong uptrend that is likely to continue. While RB.J21 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.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.J21
The long-term trend has been UP since Jul 9th, 2020 at 1.3155
The intermediate-term trend has been UP since Aug 5th, 2020 at 1.3430
The short-term trend has been UP since Aug 4th, 2020 at 1.3228
Smart Scan Analysis for RB.J21
Based on our trend formula, RB.J21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2141||Contract High Date||2018-10-09|
|Contract Low||1.6554||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|