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Future Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

RBOB GASOLINE Oct 2020 (NYMEX:RB.V20)

Sidelines Mode (+55) - RB.V20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RB.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.V20.

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

NYMEX_RB.V20
Open High Low RB.V20 Price Change
1.1610 1.1615 1.1500 1.1560 -0.0095
Entry Signal

MarketClub’s Trade Triangles for RB.V20

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 1.4572

intermediate term up The intermediate-term trend has been UP since May 5th, 2020 at 0.8593

short term down The short-term trend has been DOWN since Jul 9th, 2020 at 1.1399

Smart Scan Analysis for RB.V20

Based on our trend formula, RB.V20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RB.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1610 1.1615 1.1500 1.1560 -0.0095
Prev. Close Volume Bid Ask Time
1.0615 275 2020-07-12 22:11:44
Contract High2.071Contract High Date2018-10-09
Contract Low1.4981Contract Low Date2018-11-23
First Delivery2020-10-30Expiration2020-09-30
Open Time18:00Close Time17:00
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