Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

RBOB GASOLINE Dec 2023/Jan 2024 Spread (NYMEX:RB.Z23_F24)

Strong Downtrend (-100) - RB.Z23_F24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.Z23_F24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.Z23_F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z23_F24.

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

NYMEX_RB.Z23_F24
Open High Low RB.Z23_F24 Price Change
0.0114 0.0114 0.0114 0.0114 -0.0002
Entry Signal

MarketClub’s Trade Triangles for RB.Z23_F24

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.Z23_F24

Based on our trend formula, RB.Z23_F24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.Z23_F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0114 0.0114 0.0114 0.0114 -0.0002
Prev. Close Volume Bid Ask Time
0.0114 2 2022-08-16 13:57:19
Open Time18:00Close Time17:00
Get a free daily analysis and signals for RBOB GASOLINE Dec 2023/Jan 2024 Spread (RB.Z23_F24) - Request Your Free Report.