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Future Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

RBOB GASOLINE VS EUROBOB OXY NWE OCTOBER 2022 (NYMEX:QXER.V22)

Countertrend Down (-85) - QXER.V22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QXER.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QXER.V22.

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

NYMEX_QXER.V22
Open High Low QXER.V22 Price Change
5.935 5.935 5.935 5.935 0.000
Entry Signal

MarketClub’s Trade Triangles for QXER.V22

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 5.628

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2021 at 6.644

short term up The short-term trend has been UP since Oct 4th, 2021 at 6.174

Smart Scan Analysis for QXER.V22

Based on our trend formula, QXER.V22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QXER.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.935 5.935 5.935 5.935 0.000
Prev. Close Volume Bid Ask Time
5.737 0 2022-09-30 00:00:00
Volatility148.48Expiration2022-10-31
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