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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

RBOB GASOLINE VS BRENT CRACK SPREAD OCTOBER 2022 (NYMEX:QRBB.V22)

Weak Downtrend (-65) - QRBB.V22 is showing signs of a strengthening downtrend. Monitor QRBB.V22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QRBB.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRBB.V22.

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

NYMEX_QRBB.V22
Open High Low QRBB.V22 Price Change
16.565 16.565 16.565 16.565 0.000
Entry Signal

MarketClub’s Trade Triangles for QRBB.V22

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 11.050

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 12.366

short term down The short-term trend has been DOWN since Sep 20th, 2021 at 12.533

Smart Scan Analysis for QRBB.V22

Based on our trend formula, QRBB.V22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QRBB.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.565 16.565 16.565 16.565 0.000
Prev. Close Volume Bid Ask Time
17.314 0 2022-08-17 00:00:00
Volatility88.97Expiration2022-10-31
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