Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
RBOB GASOLINE Jul 2022 (NYMEX:RB.N22)
Bull Market Weakness (+75) - RB.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.N22
The long-term trend has been UP since Sep 27th, 2021 at 2.1690
The intermediate-term trend has been UP since Sep 27th, 2021 at 2.1634
The short-term trend has been DOWN since Oct 20th, 2021 at 2.3760
Smart Scan Analysis for RB.N22
Based on our trend formula, RB.N22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).