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Spread Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
RBOB GASOLINE DEC 22/AUG 23 (NYMEX:QRB.Z22-QRB.Q23)
Long-Term Downtrend (-90) - QRB.Z22-QRB.Q23 is in a strong downtrend that is likely to continue. While QRB.Z22-QRB.Q23 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.Z22-QRB.Q23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Z22-QRB.Q23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QRB.Z22-QRB.Q23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QRB.Z22-QRB.Q23
Based on our trend formula, QRB.Z22-QRB.Q23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2463 | 0.2463 | 0.2463 | 0.2463 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2463 | 0 | 2022-06-27 00:00:00 |
| Expiration | 2022-11-30 |