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Prepared for you on Saturday, May 28, 2022.

RBOB GASOLINE NOV 22/FEB 25 (NYMEX:QRB.X22-QRB.G25)

Long-Term Downtrend (-90) - QRB.X22-QRB.G25 is in a strong downtrend that is likely to continue. While QRB.X22-QRB.G25 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.X22-QRB.G25?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.X22-QRB.G25.

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

NYMEX_QRB.X22-QRB.G25
Open High Low QRB.X22-QRB.G25 Price Change
0.7806 0.7806 0.7806 0.7806 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.X22-QRB.G25

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.X22-QRB.G25

Based on our trend formula, QRB.X22-QRB.G25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.X22-QRB.G25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7806 0.7806 0.7806 0.7806 0.0000
Prev. Close Volume Bid Ask Time
0.8518 0 2022-05-26 00:00:00
Expiration2022-10-31
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