Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

RBOB GASOLINE JUL 22/SEP 23 (NYMEX:QRB.N22-QRB.U23)

Long-Term Downtrend (-90) - QRB.N22-QRB.U23 is in a strong downtrend that is likely to continue. While QRB.N22-QRB.U23 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.N22-QRB.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.N22-QRB.U23.

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

NYMEX_QRB.N22-QRB.U23
Open High Low QRB.N22-QRB.U23 Price Change
1.2453 1.2453 1.2453 1.2453 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.N22-QRB.U23

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.N22-QRB.U23

Based on our trend formula, QRB.N22-QRB.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.N22-QRB.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2453 1.2453 1.2453 1.2453 0.0000
Prev. Close Volume Bid Ask Time
1.2453 0 2022-06-29 00:00:00
Expiration2022-06-30
Get a free daily analysis and signals for RBOB GASOLINE JUL 22/SEP 23 (QRB.N22-QRB.U23) - Request Your Free Report.