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Spread Trend Analysis Report

Prepared for you on Friday, June 18, 2021.

RBOB GASOLINE Aug 2022/Sep 2022 Spread (NYMEX:RB.Q22_U22)

Weak Downtrend (-65) - RB.Q22_U22 is showing signs of a strengthening downtrend. Monitor RB.Q22_U22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.Q22_U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q22_U22.

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

NYMEX_RB.Q22_U22
Open High Low RB.Q22_U22 Price Change
0.0299 0.0333 0.0299 0.0318 +0.0017
Entry Signal

MarketClub’s Trade Triangles for RB.Q22_U22

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_U22

Based on our trend formula, RB.Q22_U22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RB.Q22_U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0299 0.0333 0.0299 0.0318 +0.0017
Prev. Close Volume Bid Ask Time
0.0327 240 2021-06-17 17:28:42
Open Time18:00Close Time17:00
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