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Spread Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

RBOB GASOLINE Dec 2021/Apr 2022 Spread (NYMEX:RB.Z21_J22)

Strong Downtrend (-100) - RB.Z21_J22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.Z21_J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z21_J22.

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

NYMEX_RB.Z21_J22
Open High Low RB.Z21_J22 Price Change
-0.0636 -0.0625 -0.0710 -0.0719 -0.0009
Entry Signal

MarketClub’s Trade Triangles for RB.Z21_J22

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_J22

Based on our trend formula, RB.Z21_J22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.Z21_J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0636 -0.0625 -0.0710 -0.0719 -0.0009
Prev. Close Volume Bid Ask Time
-0.0710 221 2021-11-29 17:28:44
Open Time18:00Close Time17:00
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