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Future Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

RBOB GASOLINE Jan 2024 (NYMEX:RB.F24)

Weak Downtrend (-65) - RB.F24 is showing signs of a strengthening downtrend. Monitor RB.F24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.F24.

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

NYMEX_RB.F24
Open High Low RB.F24 Price Change
2.4271 2.4334 2.3869 2.4008 -0.0168
Entry Signal

MarketClub’s Trade Triangles for RB.F24

long term up The long-term trend has been UP since Jul 24th, 2023 at 2.3285

intermediate term down The intermediate-term trend has been DOWN since Sep 25th, 2023 at 2.4008

short term down The short-term trend has been DOWN since Sep 20th, 2023 at 2.5071

Smart Scan Analysis for RB.F24

Based on our trend formula, RB.F24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RB.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4271 2.4334 2.3869 2.4008 -0.0168
Prev. Close Volume Bid Ask Time
2.4282 10810 2023-09-25 16:59:45
Expiration2023-12-29Open Time18:00
Close Time17:00
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