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Spread Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

RBOB GASOLINE Dec 2021/Feb 2022 Spread (NYMEX:RB.Z21_G22)

Long-Term Downtrend (-90) - RB.Z21_G22 is in a strong downtrend that is likely to continue. While RB.Z21_G22 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.Z21_G22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z21_G22.

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

NYMEX_RB.Z21_G22
Open High Low RB.Z21_G22 Price Change
0.0583 0.0583 0.0580 0.0553 +0.0022
Entry Signal

MarketClub’s Trade Triangles for RB.Z21_G22

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.Z21_G22

Based on our trend formula, RB.Z21_G22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RB.Z21_G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0583 0.0583 0.0580 0.0553 +0.0022
Prev. Close Volume Bid Ask Time
0.0580 3 2021-11-30 09:09:14
Open Time18:00Close Time17:00
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