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Spread Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

RBOB GASOLINE JUL 23/JAN 24 (NYMEX:QRB.N23-QRB.F24)

Strong Downtrend (-100) - QRB.N23-QRB.F24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRB.N23-QRB.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.N23-QRB.F24.

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

NYMEX_QRB.N23-QRB.F24
Open High Low QRB.N23-QRB.F24 Price Change
0.2519 0.2519 0.2519 0.2519 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.N23-QRB.F24

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.N23-QRB.F24

Based on our trend formula, QRB.N23-QRB.F24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QRB.N23-QRB.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2519 0.2519 0.2519 0.2519 0.0000
Prev. Close Volume Bid Ask Time
0.2519 0 2020-04-03 00:00:00
Expiration2023-06-30
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