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Future Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

RBOB GASOLINE Jan 2024 (NYMEX:RB.F24)

Weak Downtrend (-65) - RB.F24 is showing signs of a strengthening downtrend. Monitor RB.F24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.F24.

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

NYMEX_RB.F24
Open High Low RB.F24 Price Change
2.1468 2.1519 2.1346 2.1475 +0.0017
Entry Signal

MarketClub’s Trade Triangles for RB.F24

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 2.1308

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 2.2372

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 2.1573

Smart Scan Analysis for RB.F24

Based on our trend formula, RB.F24 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RB.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1468 2.1519 2.1346 2.1475 +0.0017
Prev. Close Volume Bid Ask Time
2.1458 1054 2023-12-05 04:27:39
Expiration2023-12-29Open Time18:00
Close Time17:00
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