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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

RBOB GASOLINE Jan 2023 (NYMEX:RB.F23)

Weak Downtrend (-65) - RB.F23 is showing signs of a strengthening downtrend. Monitor RB.F23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.F23.

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

NYMEX_RB.F23
Open High Low RB.F23 Price Change
2.5205 2.5872 2.4967 2.5400 -0.0085
Entry Signal

MarketClub’s Trade Triangles for RB.F23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 2.5100

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.8008

short term up The short-term trend has been UP since Aug 18th, 2022 at 2.5638

Smart Scan Analysis for RB.F23

Based on our trend formula, RB.F23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RB.F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5205 2.5872 2.4967 2.5400 -0.0085
Prev. Close Volume Bid Ask Time
2.5485 5334 2022-08-19 16:49:36
Expiration2022-12-30Open Time18:00
Close Time17:00
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