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Spread Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
RBOB GASOLINE Aug 2023/Sep 2023 Spread (NYMEX:RB.Q23_U23)
Strong Downtrend (-100) - RB.Q23_U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.Q23_U23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RB.Q23_U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Q23_U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RB.Q23_U23
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.Q23_U23
Based on our trend formula, RB.Q23_U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0460 | 0.0460 | 0.0460 | 0.0460 | +0.0007 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0453 | 1 | 2022-08-18 08:13:33 |
| Open Time | 09:00 | Close Time | 14:30 |