Future Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
RBOB GASOLINE Dec 2022 (NYMEX:RB.Z22)
Bull Market Weakness (+75) - RB.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Z22
The long-term trend has been UP since Jan 11th, 2022 at 2.1379
The intermediate-term trend has been UP since Dec 23rd, 2021 at 1.9640
The short-term trend has been DOWN since Jan 20th, 2022 at 2.1849
Smart Scan Analysis for RB.Z22
Based on our trend formula, RB.Z22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).