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Spread Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
RBOB GASOLINE Nov 2022/Feb 2023 Spread (NYMEX:RB.X22_G23)
Long-Term Downtrend (-90) - RB.X22_G23 is in a strong downtrend that is likely to continue. While RB.X22_G23 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.X22_G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.X22_G23.
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.X22_G23
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.X22_G23
Based on our trend formula, RB.X22_G23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2382 | 0.2406 | 0.2318 | 0.2403 | +0.0028 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2403 | 87 | 2022-05-20 14:28:49 |
| Open Time | 09:00 | Close Time | 14:30 |