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Prepared for you on Thursday, May 26, 2022.

RBOB GASOLINE JUN 23/DEC 25 (NYMEX:QRB.M23-QRB.Z25)

Long-Term Downtrend (-90) - QRB.M23-QRB.Z25 is in a strong downtrend that is likely to continue. While QRB.M23-QRB.Z25 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.M23-QRB.Z25?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.M23-QRB.Z25.

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

NYMEX_QRB.M23-QRB.Z25
Open High Low QRB.M23-QRB.Z25 Price Change
0.6507 0.6507 0.6507 0.6507 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.M23-QRB.Z25

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.M23-QRB.Z25

Based on our trend formula, QRB.M23-QRB.Z25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.M23-QRB.Z25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6507 0.6507 0.6507 0.6507 0.0000
Prev. Close Volume Bid Ask Time
0.6506 0 2022-05-23 00:00:00
Expiration2023-05-31
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