Future Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
RBOB GASOLINE Jul 2021 (NYMEX:RB.N21)
Weak Uptrend (+65) - RB.N21 is showing signs of weakening momentum to the upside. Monitor RB.N21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.N21
The long-term trend has been UP since Nov 24th, 2020 at 1.3992
The intermediate-term trend has been UP since Apr 14th, 2021 at 2.0100
The short-term trend has been DOWN since Jun 11th, 2021 at 2.1861
Smart Scan Analysis for RB.N21
Based on our trend formula, RB.N21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.1929||Contract High Date||2018-10-09|
|Contract Low||1.6363||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|