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Spread Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

RBOB GASOLINE Jul 2022/Dec 2023 Spread (NYMEX:RB.N22_Z23)

Long-Term Downtrend (-90) - RB.N22_Z23 is in a strong downtrend that is likely to continue. While RB.N22_Z23 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.N22_Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.N22_Z23.

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

NYMEX_RB.N22_Z23
Open High Low RB.N22_Z23 Price Change
1.4362 1.4362 1.4362 1.3956 +0.0207
Entry Signal

MarketClub’s Trade Triangles for RB.N22_Z23

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_Z23

Based on our trend formula, RB.N22_Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RB.N22_Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4362 1.4362 1.4362 1.3956 +0.0207
Prev. Close Volume Bid Ask Time
1.4928 2 2022-06-24 11:03:11
Open Time18:00Close Time17:00
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