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Future Trend Analysis Report

Prepared for you on Thursday, December 8, 2022.

RBOB GASOLINE Sep 2023 (NYMEX:RB.U23)

Weak Downtrend (-65) - RB.U23 is showing signs of a strengthening downtrend. Monitor RB.U23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RB.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.U23.

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

NYMEX_RB.U23
Open High Low RB.U23 Price Change
2.3008 2.3008 2.2345 2.2444 -0.0539
Entry Signal

MarketClub’s Trade Triangles for RB.U23

long term up The long-term trend has been UP since Nov 2nd, 2022 at 2.5400

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2022 at 2.3923

short term down The short-term trend has been DOWN since Dec 5th, 2022 at 2.3965

Smart Scan Analysis for RB.U23

Based on our trend formula, RB.U23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RB.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3008 2.3008 2.2345 2.2444 -0.0539
Prev. Close Volume Bid Ask Time
2.2481 5304 2022-12-07 17:28:44
Expiration2023-08-31Open Time09:00
Close Time14:30
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