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Spread Trend Analysis Report

Prepared for you on Wednesday, August 17, 2022.

RBOB GASOLINE Oct 2022/Dec 2023 Spread (NYMEX:RB.V22_Z23)

Strong Downtrend (-100) - RB.V22_Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.V22_Z23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.V22_Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.V22_Z23.

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

NYMEX_RB.V22_Z23
Open High Low RB.V22_Z23 Price Change
0.4515 0.4515 0.4515 0.4093 +0.0031
Entry Signal

MarketClub’s Trade Triangles for RB.V22_Z23

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.V22_Z23

Based on our trend formula, RB.V22_Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.V22_Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4515 0.4515 0.4515 0.4093 +0.0031
Prev. Close Volume Bid Ask Time
0.4144 2 2022-08-12 12:25:00
Open Time18:00Close Time17:00
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