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.
MarketClub’s Trade Triangles for RB.Q22_U22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).
|Open Time||18:00||Close Time||17:00|