Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
RBOB GASOLINE VS BRENT CRACK SPREAD JUNE 2022 (NYMEX:QRBB.M22)
Weak Downtrend (-65) - QRBB.M22 is showing signs of a strengthening downtrend. Monitor QRBB.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QRBB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QRBB.M22
The long-term trend has been DOWN since Aug 20th, 2021 at 18.752
The intermediate-term trend has been DOWN since Aug 16th, 2021 at 20.422
The short-term trend has been DOWN since Sep 28th, 2021 at 20.145
Smart Scan Analysis for QRBB.M22
Based on our trend formula, QRBB.M22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).