Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
RBOB GASOLINE Aug 2022 (NYMEX:RB.Q22)
Weak Downtrend (-65) - RB.Q22 is showing signs of a strengthening downtrend. Monitor RB.Q22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RB.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Q22
The long-term trend has been UP since Sep 13th, 2021 at 2.1112
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.2872
The short-term trend has been DOWN since Nov 26th, 2021 at 2.2150
Smart Scan Analysis for RB.Q22
Based on our trend formula, RB.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).