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Future Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

RBOB GASOLINE May 2022 (NYMEX:RB.K22)

Countertrend Down (-85) - RB.K22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid RB.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.K22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_RB.K22
Open High Low RB.K22 Price Change
2.1766 2.2126 2.1737 2.1946 +0.0407
Entry Signal

MarketClub’s Trade Triangles for RB.K22

long term down The long-term trend has been DOWN since Dec 1st, 2021 at 2.0811

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.3689

short term up The short-term trend has been UP since Dec 6th, 2021 at 2.1165

Smart Scan Analysis for RB.K22

Based on our trend formula, RB.K22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RB.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1766 2.2126 2.1737 2.1946 +0.0407
Prev. Close Volume Bid Ask Time
2.1539 5575 2021-12-07 15:52:07
Expiration2022-04-29Open Time18:00
Close Time17:00
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