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Future Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

MICRO RBOB GASOLINE SEPTEMBER 2023 (NYMEX:QMRB.U23)

Strong Downtrend (-100) - QMRB.U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QMRB.U23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QMRB.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMRB.U23.

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

NYMEX_QMRB.U23
Open High Low QMRB.U23 Price Change
2.3084 2.3084 2.3084 2.3084 0.0000
Entry Signal

MarketClub’s Trade Triangles for QMRB.U23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QMRB.U23

Based on our trend formula, QMRB.U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QMRB.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3084 2.3084 2.3084 2.3084 0.0000
Prev. Close Volume Bid Ask Time
2.3173 0 2023-06-01 00:00:00
Volatility29.63Expiration2023-08-30
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