Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
RBOB GASOLINE Oct 2021 (NYMEX:RB.V21)
Bull Market Weakness (+75) - RB.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.V21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.V21
The long-term trend has been UP since Nov 24th, 2020 at 1.2631
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2210
The short-term trend has been UP since Apr 12th, 2021 at 1.7800
Smart Scan Analysis for RB.V21
Based on our trend formula, RB.V21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).