Future Trend Analysis Report
Prepared for you on Thursday, December 8, 2022.
RBOB GASOLINE (TAS) Jan 2023 (NYMEX:RBT.F23)
Sidelines Mode (+55) - RBT.F23 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 RBT.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBT.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBT.F23
The long-term trend has been DOWN since Oct 19th, 2022 at -4
The intermediate-term trend has been UP since Nov 21st, 2022 at 9
The short-term trend has been DOWN since Dec 7th, 2022 at -7
Smart Scan Analysis for RBT.F23
Based on our trend formula, RBT.F23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10||52wk High Date||2022-10-12|
|52wk Low||-10.00000000||52wk Low Date||2022-12-05|
|Open Time||18:00||Close Time||14:30|