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Spread Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

RBOB GASOLINE Jun 2020/HO Spread (NYMEX:RB.M20_HO.M20)

Weak Downtrend (-65) - RB.M20_HO.M20 is showing signs of a strengthening downtrend. Monitor RB.M20_HO.M20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.M20_HO.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.M20_HO.M20.

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

NYMEX_RB.M20_HO.M20
Open High Low RB.M20_HO.M20 Price Change
0.0760 0.0760 0.0760 0.0760 -0.0028
Entry Signal

MarketClub’s Trade Triangles for RB.M20_HO.M20

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.M20_HO.M20

Based on our trend formula, RB.M20_HO.M20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RB.M20_HO.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0760 0.0760 0.0760 0.0760 -0.0028
Prev. Close Volume Bid Ask Time
-0.3735 1 2020-05-29 08:20:22
Open Time18:00Close Time17:00
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