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Future Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

RBOB GASOLINE VS BRENT CRACK SPREAD Feb 2024 (NYMEX:QRBB.G24)

Strong Downtrend (-100) - QRBB.G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QRBB.G24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRBB.G24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.G24.

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

NYMEX_QRBB.G24
Open High Low QRBB.G24 Price Change
10.711 10.711 10.711 10.711 0.000
Entry Signal

MarketClub’s Trade Triangles for QRBB.G24

long term down The long-term trend has been DOWN since Aug 16th, 2021 at 9.635

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 11.363

short term down The short-term trend has been DOWN since Sep 29th, 2021 at 11.363

Smart Scan Analysis for QRBB.G24

Based on our trend formula, QRBB.G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QRBB.G24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.711 10.711 10.711 10.711 0.000
Prev. Close Volume Bid Ask Time
10.711 0 2022-08-16 00:00:00
Volatility98.92Expiration2024-02-29
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