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Spread Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

RBOB GASOLINE Aug 2021/Dec 2021 Spread (NYMEX:RB.Q21_Z21)

Bear Market Rally (-75) - RB.Q21_Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RB.Q21_Z21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RB.Q21_Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q21_Z21.

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

NYMEX_RB.Q21_Z21
Open High Low RB.Q21_Z21 Price Change
0.2395 0.2400 0.2300 0.2338 +0.0006
Entry Signal

MarketClub’s Trade Triangles for RB.Q21_Z21

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.Q21_Z21

Based on our trend formula, RB.Q21_Z21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for RB.Q21_Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2395 0.2400 0.2300 0.2338 +0.0006
Prev. Close Volume Bid Ask Time
0.2332 635 2021-04-20 12:52:48
Open Time09:00Close Time14:30
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