Future Trend Analysis Report
Prepared for you on Sunday, July 12, 2020.
RBOB GASOLINE Nov 2020 (NYMEX:RB.X20)
Sidelines Mode (-55) - RB.X20 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.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.X20
The long-term trend has been DOWN since Jan 26th, 2020 at 1.4348
The intermediate-term trend has been UP since May 6th, 2020 at 0.8662
The short-term trend has been DOWN since Jul 10th, 2020 at 1.1188
Smart Scan Analysis for RB.X20
Based on our trend formula, RB.X20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.0399||Contract High Date||2018-10-09|
|Contract Low||1.4719||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|