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Prepared for you on Friday, May 20, 2022.

RBOB GASOLINE DEC 23/NOV 25 (NYMEX:QRB.Z23-QRB.X25)

Long-Term Downtrend (-90) - QRB.Z23-QRB.X25 is in a strong downtrend that is likely to continue. While QRB.Z23-QRB.X25 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.Z23-QRB.X25?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Z23-QRB.X25.

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

NYMEX_QRB.Z23-QRB.X25
Open High Low QRB.Z23-QRB.X25 Price Change
0.2325 0.2325 0.2325 0.2325 0.0000
Entry Signal

MarketClub’s Trade Triangles for QRB.Z23-QRB.X25

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.Z23-QRB.X25

Based on our trend formula, QRB.Z23-QRB.X25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QRB.Z23-QRB.X25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2325 0.2325 0.2325 0.2325 0.0000
Prev. Close Volume Bid Ask Time
0.2275 0 2022-05-17 00:00:00
Expiration2023-11-30
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