Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
RBOB GASOLINE Aug 2021 (NYMEX:RB.Q21)
Strong Uptrend (+100) - RB.Q21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RB.Q21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RB.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Q21
The long-term trend has been UP since Nov 24th, 2020 at 1.3908
The intermediate-term trend has been UP since Apr 14th, 2021 at 1.9842
The short-term trend has been UP since Apr 27th, 2021 at 1.9878
Smart Scan Analysis for RB.Q21
Based on our trend formula, RB.Q21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).