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Spread Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

RBOB GASOLINE Jul 2022/Aug 2022 Spread (NYMEX:RB.N22_Q22)

Strong Downtrend (-100) - RB.N22_Q22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.N22_Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.N22_Q22.

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

NYMEX_RB.N22_Q22
Open High Low RB.N22_Q22 Price Change
0.0247 0.0248 0.0237 0.0237 -0.0010
Entry Signal

MarketClub’s Trade Triangles for RB.N22_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.N22_Q22

Based on our trend formula, RB.N22_Q22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.N22_Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0247 0.0248 0.0237 0.0237 -0.0010
Prev. Close Volume Bid Ask Time
0.0247 154 2021-12-08 06:01:03
Open Time18:00Close Time17:00
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