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Future Trend Analysis Report

Prepared for you on Wednesday, February 19, 2020.

RBOB GASOLINE Aug 2020 (NYMEX:RB.Q20)

Bull Market Weakness (+75) - RB.Q20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.Q20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RB.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_RB.Q20
Open High Low RB.Q20 Price Change
1.6825 1.6825 1.6823 1.6823 +0.0025
Entry Signal

MarketClub’s Trade Triangles for RB.Q20

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 1.6134

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2020 at 1.6811

short term up The short-term trend has been UP since Feb 5th, 2020 at 1.6270

Smart Scan Analysis for RB.Q20

Based on our trend formula, RB.Q20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RB.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6825 1.6825 1.6823 1.6823 +0.0025
Prev. Close Volume Bid Ask Time
1.7872 4 2020-02-18 18:38:49
Contract High2.2244Contract High Date2018-10-09
Contract Low1.6408Contract Low Date2018-11-23
First Delivery2020-08-31Expiration2020-07-31
Open Time18:00Close Time17:00
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