Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
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 Jan 12th, 2022 at 2.4552
The intermediate-term trend has been UP since Dec 22nd, 2021 at 2.2600
The short-term trend has been UP since Jan 23rd, 2022 at 2.5427
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).