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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.

NYMEX_RB.Q23_U23
Open High Low RB.Q23_U23 Price Change
0.0460 0.0460 0.0460 0.0460 +0.0007
Entry Signal

MarketClub’s Trade Triangles for RB.Q23_U23

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.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).

-100
Smart Scan Analysis for RB.Q23_U23
Strong Downtrend Sideways 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 Time09:00Close Time14:30
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