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Future Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

RBOB GASOLINE Jul 2023 (NYMEX:RB.N23)

Weak Downtrend (-65) - RB.N23 is showing signs of a strengthening downtrend. Monitor RB.N23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.N23.

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

NYMEX_RB.N23
Open High Low RB.N23 Price Change
2.6225 2.6420 2.6225 2.6378 +0.0111
Entry Signal

MarketClub’s Trade Triangles for RB.N23

long term down The long-term trend has been DOWN since Jul 6th, 2022 at 2.7250

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2022 at 2.5142

short term up The short-term trend has been UP since Aug 18th, 2022 at 2.5924

Smart Scan Analysis for RB.N23

Based on our trend formula, RB.N23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for RB.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6225 2.6420 2.6225 2.6378 +0.0111
Prev. Close Volume Bid Ask Time
2.6299 139 2022-08-19 13:52:10
Expiration2023-06-30Open Time09:00
Close Time14:30
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