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Spread Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

RBOB GASOLINE Aug 2022/Jun 2023 Spread (NYMEX:RB.Q22_M23)

Long-Term Downtrend (-90) - RB.Q22_M23 is in a strong downtrend that is likely to continue. While RB.Q22_M23 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.Q22_M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q22_M23.

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

NYMEX_RB.Q22_M23
Open High Low RB.Q22_M23 Price Change
0.6746 0.7298 0.6746 0.7610 +0.0333
Entry Signal

MarketClub’s Trade Triangles for RB.Q22_M23

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.Q22_M23

Based on our trend formula, RB.Q22_M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RB.Q22_M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6746 0.7298 0.6746 0.7610 +0.0333
Prev. Close Volume Bid Ask Time
0.7298 4 2022-07-27 17:28:40
Open Time18:00Close Time17:00
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