Future Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
RBOB GASOLINE Jul 2022 (NYMEX:RB.N22)
Weak Downtrend (-65) - RB.N22 is showing signs of a strengthening downtrend. Monitor RB.N22 as it may be building momentum to the downside.
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 Jan 11th, 2022 at 2.4256
The intermediate-term trend has been DOWN since Jun 30th, 2022 at 3.6432
The short-term trend has been DOWN since Jun 29th, 2022 at 3.8330
Smart Scan Analysis for RB.N22
Based on our trend formula, RB.N22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).