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Future Trend Analysis Report

Prepared for you on Wednesday, May 27, 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
1.0739 1.0739 1.0457 1.0604 -0.0089
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 May 5th, 2020 at 0.8947

short term up The short-term trend has been UP since May 25th, 2020 at 1.0752

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
1.0739 1.0739 1.0457 1.0604 -0.0089
Prev. Close Volume Bid Ask Time
0.7417 2370 2020-05-27 06:05:46
Contract High2.2244Contract High Date2018-10-09
Contract Low1.6408Contract Low Date2018-11-23
First Delivery2020-08-31Expiration2020-07-31
Open Time09:00Close Time14:30
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