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Future Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

RBOB GASOLINE Nov 2021 (NYMEX:RB.X21)

Sidelines Mode (+55) - RB.X21 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.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.X21.

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

NYMEX_RB.X21
Open High Low RB.X21 Price Change
2.4480 2.4480 2.4099 2.4099 -0.0256
Entry Signal

MarketClub’s Trade Triangles for RB.X21

long term up The long-term trend has been UP since Nov 10th, 2020 at 1.2140

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 2.0925

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 2.4819

Smart Scan Analysis for RB.X21

Based on our trend formula, RB.X21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RB.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4480 2.4480 2.4099 2.4099 -0.0256
Prev. Close Volume Bid Ask Time
2.4355 318 2021-10-27 21:23:30
Contract High1.9752Contract High Date2018-10-09
Contract Low1.4213Contract Low Date2018-11-23
First Delivery2021-11-30Expiration2021-10-29
Open Time18:00Close Time17:00
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