Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

RBOB GASOLINE JAN 22/JAN 25 (NYMEX:QRB.F22-QRB.F25)

Long-Term Downtrend (-90) - QRB.F22-QRB.F25 is in a strong downtrend that is likely to continue. While QRB.F22-QRB.F25 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRB.F22-QRB.F25?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.F22-QRB.F25.

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

NYMEX_QRB.F22-QRB.F25
Open High Low QRB.F22-QRB.F25 Price Change
0.3239 0.3239 0.3239 0.3239 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.F22-QRB.F25

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QRB.F22-QRB.F25

Based on our trend formula, QRB.F22-QRB.F25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.F22-QRB.F25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3239 0.3239 0.3239 0.3239 0.0000
Prev. Close Volume Bid Ask Time
0.3383 0 2021-12-06 00:00:00
Expiration2021-12-31
Get a free daily analysis and signals for RBOB GASOLINE JAN 22/JAN 25 (QRB.F22-QRB.F25) - Request Your Free Report.