Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
RBOB GASOLINE Jun 2022 (NYMEX:RB.M22)
Strong Uptrend (+100) - RB.M22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RB.M22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.M22
The long-term trend has been UP since Nov 26th, 2020 at 1.4411
The intermediate-term trend has been UP since Nov 24th, 2020 at 1.3766
The short-term trend has been UP since Jun 21st, 2021 at 2.0906
Smart Scan Analysis for RB.M22
Based on our trend formula, RB.M22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).