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Future Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

MICRO RBOB GASOLINE Nov 2023 (NYMEX:QMRB.X23)

Weak Downtrend (-65) - QMRB.X23 is showing signs of a strengthening downtrend. Monitor QMRB.X23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QMRB.X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMRB.X23.

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

NYMEX_QMRB.X23
Open High Low QMRB.X23 Price Change
2.4122 2.4122 2.4122 2.4350 +0.0228
Entry Signal

MarketClub’s Trade Triangles for QMRB.X23

long term up The long-term trend has been UP since Jul 31st, 2023 at 2.3852

intermediate term down The intermediate-term trend has been DOWN since Sep 25th, 2023 at 2.5147

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 2.6630

Smart Scan Analysis for QMRB.X23

Based on our trend formula, QMRB.X23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QMRB.X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4122 2.4122 2.4122 2.4350 +0.0228
Prev. Close Volume Bid Ask Time
2.4122 0 2.3515 2.4425 2023-10-02 09:52:21
52wk High2.43552wk High Date2023-10-02
52wk Low2.43552wk Low Date2023-10-02
Volatility25.41Expiration2023-10-30
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