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Spread Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

RBOB GASOLINE Sep 2022/Nov 2022 Spread (NYMEX:RB.U22_X22)

Long-Term Downtrend (-90) - RB.U22_X22 is in a strong downtrend that is likely to continue. While RB.U22_X22 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.U22_X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.U22_X22.

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

NYMEX_RB.U22_X22
Open High Low RB.U22_X22 Price Change
0.1688 0.1689 0.1688 0.1701 +0.0112
Entry Signal

MarketClub’s Trade Triangles for RB.U22_X22

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.U22_X22

Based on our trend formula, RB.U22_X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RB.U22_X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1688 0.1689 0.1688 0.1701 +0.0112
Prev. Close Volume Bid Ask Time
0.1689 4 2021-12-02 17:28:50
Open Time18:00Close Time17:00
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