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Future Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

RBOB GASOLINE Apr 2023 (NYMEX:RB.J23)

Strong Downtrend (-100) - RB.J23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.J23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.J23.

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

NYMEX_RB.J23
Open High Low RB.J23 Price Change
2.6708 2.6708 2.6584 2.6584 -0.0085
Entry Signal

MarketClub’s Trade Triangles for RB.J23

long term down The long-term trend has been DOWN since Jul 6th, 2022 at 2.6644

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.9295

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 2.6641

Smart Scan Analysis for RB.J23

Based on our trend formula, RB.J23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6708 2.6708 2.6584 2.6584 -0.0085
Prev. Close Volume Bid Ask Time
2.6669 101 2022-08-16 09:03:29
Expiration2023-03-31Open Time09:00
Close Time14:30
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