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Prepared for you on Thursday, December 2, 2021.

RBOB GASOLINE OCT 22/MAY 24 (NYMEX:QRB.V22-QRB.K24)

Long-Term Downtrend (-90) - QRB.V22-QRB.K24 is in a strong downtrend that is likely to continue. While QRB.V22-QRB.K24 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.V22-QRB.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.V22-QRB.K24.

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

NYMEX_QRB.V22-QRB.K24
Open High Low QRB.V22-QRB.K24 Price Change
-0.0648 -0.0648 -0.0648 -0.0648 +0.0183
Entry Signal

MarketClub’s Trade Triangles for QRB.V22-QRB.K24

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.V22-QRB.K24

Based on our trend formula, QRB.V22-QRB.K24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.V22-QRB.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0648 -0.0648 -0.0648 -0.0648 +0.0183
Prev. Close Volume Bid Ask Time
-0.0831 0 2021-11-29 00:00:00
Expiration2022-09-30
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