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Future Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

RBOB GASOLINE Dec 2020 (NYMEX:RB.Z20)

Bull Market Weakness (+75) - RB.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.Z20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RB.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z20.

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

NYMEX_RB.Z20
Open High Low RB.Z20 Price Change
0.9530 1.0068 0.9395 1.0000 +0.0379
Entry Signal

MarketClub’s Trade Triangles for RB.Z20

long term down The long-term trend has been DOWN since Feb 2nd, 2020 at 1.3857

intermediate term up The intermediate-term trend has been UP since May 5th, 2020 at 0.8784

short term up The short-term trend has been UP since May 29th, 2020 at 0.9732

Smart Scan Analysis for RB.Z20

Based on our trend formula, RB.Z20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RB.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9530 1.0068 0.9395 1.0000 +0.0379
Prev. Close Volume Bid Ask Time
0.7638 6935 2020-05-29 16:49:16
Contract High2.013Contract High Date2018-10-09
Contract Low1.4501Contract Low Date2018-11-23
First Delivery2020-12-31Expiration2020-11-30
Open Time09:00Close Time14:30
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