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Future Trend Analysis Report

Prepared for you on Thursday, December 8, 2022.

RBOB GASOLINE FEBRUARY 2023 (NYMEX:QRB.G23)

Strong Downtrend (-100) - QRB.G23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QRB.G23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QRB.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.G23.

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

NYMEX_QRB.G23
Open High Low QRB.G23 Price Change
2.1665 2.1801 2.0840 2.0900 -0.0706
Entry Signal

MarketClub’s Trade Triangles for QRB.G23

long term down The long-term trend has been DOWN since Dec 6th, 2022 at 2.1436

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2022 at 2.3292

short term down The short-term trend has been DOWN since Nov 15th, 2022 at 2.4445

Smart Scan Analysis for QRB.G23

Based on our trend formula, QRB.G23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QRB.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1665 2.1801 2.0840 2.0900 -0.0706
Prev. Close Volume Bid Ask Time
2.1606 24131 2.0896 2.0903 2022-12-07 14:14:00
52wk High3.071752wk High Date2022-06-10
52wk Low0.99552wk Low Date2020-05-13
Volatility37.2Expiration2023-01-31
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