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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

RBOB GASOLINE Oct 2022 (NYMEX:RB.V22)

Countertrend Up (+85) - RB.V22 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.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.V22.

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

NYMEX_RB.V22
Open High Low RB.V22 Price Change
3.2081 3.2596 3.1836 3.2559 +0.0571
Entry Signal

MarketClub’s Trade Triangles for RB.V22

long term up The long-term trend has been UP since Jan 11th, 2022 at 2.2012

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2021 at 2.0225

short term down The short-term trend has been DOWN since May 24th, 2022 at 3.0725

Smart Scan Analysis for RB.V22

Based on our trend formula, RB.V22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RB.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2081 3.2596 3.1836 3.2559 +0.0571
Prev. Close Volume Bid Ask Time
3.1988 5678 2022-05-26 12:28:20
Expiration2022-09-30Open Time09:00
Close Time14:30
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