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Spread Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

RBOB GASOLINE May 2022/Sep 2022 Spread (NYMEX:RB.K22_U22)

Bear Market Rally (-75) - RB.K22_U22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RB.K22_U22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RB.K22_U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.K22_U22.

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

NYMEX_RB.K22_U22
Open High Low RB.K22_U22 Price Change
0.1340 0.1375 0.1328 0.1341 -0.0019
Entry Signal

MarketClub’s Trade Triangles for RB.K22_U22

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.K22_U22

Based on our trend formula, RB.K22_U22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for RB.K22_U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1340 0.1375 0.1328 0.1341 -0.0019
Prev. Close Volume Bid Ask Time
0.1328 249 2022-01-20 15:35:16
Open Time18:00Close Time17:00
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