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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

RBOB GASOLINE Jun 2023 (NYMEX:RB.M23)

Strong Downtrend (-100) - RB.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.M23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.M23.

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

NYMEX_RB.M23
Open High Low RB.M23 Price Change
2.5314 2.5708 2.5089 2.5470 -0.0052
Entry Signal

MarketClub’s Trade Triangles for RB.M23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 2.5981

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.8285

short term down The short-term trend has been DOWN since Aug 1st, 2022 at 2.6548

Smart Scan Analysis for RB.M23

Based on our trend formula, RB.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5314 2.5708 2.5089 2.5470 -0.0052
Prev. Close Volume Bid Ask Time
2.5174 489 2022-08-05 15:25:35
Expiration2023-05-31Open Time09:00
Close Time14:30
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