Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
RBOB GASOLINE Sep 2020 (NYMEX:RB.U20)
Weak Downtrend (-65) - RB.U20 is showing signs of a strengthening downtrend. Monitor RB.U20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RB.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.U20
The long-term trend has been DOWN since Feb 2nd, 2020 at 1.5778
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1.5558
The short-term trend has been UP since Apr 2nd, 2020 at 0.8125
Smart Scan Analysis for RB.U20
Based on our trend formula, RB.U20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.1984||Contract High Date||2018-10-09|
|Contract Low||1.6226||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|