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Future Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

RBOB GASOLINE Feb 2023 (NYMEX:RB.G23)

Countertrend Up (+85) - RB.G23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

NYMEX_RB.G23
Open High Low RB.G23 Price Change
2.7300 2.7300 2.7216 2.7320 +0.0379
Entry Signal

MarketClub’s Trade Triangles for RB.G23

long term up The long-term trend has been UP since Jan 24th, 2022 at 2.0975

intermediate term up The intermediate-term trend has been UP since Jan 25th, 2022 at 2.1372

short term down The short-term trend has been DOWN since May 19th, 2022 at 2.7181

Smart Scan Analysis for RB.G23

Based on our trend formula, RB.G23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RB.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7300 2.7300 2.7216 2.7320 +0.0379
Prev. Close Volume Bid Ask Time
2.7229 286 2022-05-20 11:10:11
Expiration2023-01-31Open Time09:00
Close Time14:30
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