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Spread Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

RBOB GASOLINE Jan 2024/Feb 2024 Spread (NYMEX:RB.F24_G24)

Long-Term Downtrend (-90) - RB.F24_G24 is in a strong downtrend that is likely to continue. While RB.F24_G24 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 RB.F24_G24?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.F24_G24.

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

NYMEX_RB.F24_G24
Open High Low RB.F24_G24 Price Change
0.0042 0.0042 0.0042 0.0032 +0.0010
Entry Signal

MarketClub’s Trade Triangles for RB.F24_G24

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 RB.F24_G24

Based on our trend formula, RB.F24_G24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RB.F24_G24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0042 0.0042 0.0042 0.0032 +0.0010
Prev. Close Volume Bid Ask Time
0.0042 1 2022-08-09 14:23:15
Open Time18:00Close Time17:00
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