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Spread Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

RBOB GASOLINE Apr 2022/Aug 2022 Spread (NYMEX:RB.J22_Q22)

Bear Market Rally (-75) - RB.J22_Q22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RB.J22_Q22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RB.J22_Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.J22_Q22.

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

NYMEX_RB.J22_Q22
Open High Low RB.J22_Q22 Price Change
0.0972 0.1034 0.0972 0.1002 +0.0051
Entry Signal

MarketClub’s Trade Triangles for RB.J22_Q22

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.J22_Q22

Based on our trend formula, RB.J22_Q22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for RB.J22_Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0972 0.1034 0.0972 0.1002 +0.0051
Prev. Close Volume Bid Ask Time
0.0953 248 2022-01-19 14:29:25
Open Time18:00Close Time17:00
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