Free Daily Analysis
Spread Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
RBOB GASOLINE Dec 2022/HO Spread (NYMEX:RB.Z22_HO.Z22)
Long-Term Downtrend (-90) - RB.Z22_HO.Z22 is in a strong downtrend that is likely to continue. While RB.Z22_HO.Z22 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.Z22_HO.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z22_HO.Z22.
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.Z22_HO.Z22
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.Z22_HO.Z22
Based on our trend formula, RB.Z22_HO.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| -0.8645 | -0.8202 | -0.8645 | -0.8143 | +0.0257 |
| Prev. Close | Volume | Bid | Ask | Time |
| -0.8400 | 12 | 2022-06-27 13:31:09 |
| Open Time | 18:00 | Close Time | 17:00 |