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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

RBOB GASOLINE VS BRENT CRACK SPREAD May 2022 (NYMEX:QRBB.K22)

Bear Market Rally (-75) - QRBB.K22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QRBB.K22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QRBB.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.K22.

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

NYMEX_QRBB.K22
Open High Low QRBB.K22 Price Change
47.298 47.298 47.298 47.298 0.000
Entry Signal

MarketClub’s Trade Triangles for QRBB.K22

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 19.275

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 20.950

short term down The short-term trend has been DOWN since Sep 21st, 2021 at 20.573

Smart Scan Analysis for QRBB.K22

Based on our trend formula, QRBB.K22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QRBB.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.298 47.298 47.298 47.298 0.000
Prev. Close Volume Bid Ask Time
47.298 0 2022-05-26 00:00:00
Volatility53.41Expiration2022-05-31
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