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Future Trend Analysis Report

Prepared for you on Tuesday, September 27, 2022.

RBOB GASOLINE Oct 2023 (NYMEX:RB.V23)

Strong Downtrend (-100) - RB.V23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.V23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.V23.

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

NYMEX_RB.V23
Open High Low RB.V23 Price Change
2.1230 2.1230 2.1055 2.0594 -0.0065
Entry Signal

MarketClub’s Trade Triangles for RB.V23

long term down The long-term trend has been DOWN since Jun 21st, 2022 at 2.5190

intermediate term down The intermediate-term trend has been DOWN since Aug 16th, 2022 at 2.3369

short term down The short-term trend has been DOWN since Sep 22nd, 2022 at 2.1900

Smart Scan Analysis for RB.V23

Based on our trend formula, RB.V23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1230 2.1230 2.1055 2.0594 -0.0065
Prev. Close Volume Bid Ask Time
2.1055 110 2022-09-26 17:28:51
Expiration2023-09-29Open Time09:00
Close Time14:30
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