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Spread Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

RBOB GASOLINE Apr 2022/Dec 2022 Spread (NYMEX:RB.J22_Z22)

Long-Term Downtrend (-90) - RB.J22_Z22 is in a strong downtrend that is likely to continue. While RB.J22_Z22 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.J22_Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.J22_Z22.

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

NYMEX_RB.J22_Z22
Open High Low RB.J22_Z22 Price Change
0.3738 0.3746 0.3715 0.3715 +0.0034
Entry Signal

MarketClub’s Trade Triangles for RB.J22_Z22

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_Z22

Based on our trend formula, RB.J22_Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RB.J22_Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3738 0.3746 0.3715 0.3715 +0.0034
Prev. Close Volume Bid Ask Time
0.3715 35 2022-01-21 14:30:48
Open Time09:00Close Time14:30
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