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Future Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

RBOB GASOLINE Dec 2023 (NYMEX:QRB.Z23)

Bear Market Rally (-75) - QRB.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QRB.Z23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QRB.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QRB.Z23.

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

NYMEX_QRB.Z23
Open High Low QRB.Z23 Price Change
2.2800 2.3080 2.1881 2.1948 -0.0888
Entry Signal

MarketClub’s Trade Triangles for QRB.Z23

long term down The long-term trend has been DOWN since Nov 8th, 2023 at 2.1455

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2023 at 2.2505

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 2.1949

Smart Scan Analysis for QRB.Z23

Based on our trend formula, QRB.Z23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for QRB.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2800 2.3080 2.1881 2.1948 -0.0888
Prev. Close Volume Bid Ask Time
2.2836 3836 2.1903 2.1937 2023-11-30 14:29:52
52wk High2.609452wk High Date2023-09-15
52wk Low1.265952wk Low Date2020-12-09
Volatility28.78Expiration2023-11-30
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