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Future Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

RBOB GASOLINE Dec 2023 (NYMEX:RB.Z23)

Strong Downtrend (-100) - RB.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RB.Z23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RB.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z23.

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

NYMEX_RB.Z23
Open High Low RB.Z23 Price Change
2.0450 2.0703 2.0280 2.0522 +0.0078
Entry Signal

MarketClub’s Trade Triangles for RB.Z23

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 2.3161

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 2.1383

short term down The short-term trend has been DOWN since Mar 9th, 2023 at 2.2319

Smart Scan Analysis for RB.Z23

Based on our trend formula, RB.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for RB.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0450 2.0703 2.0280 2.0522 +0.0078
Prev. Close Volume Bid Ask Time
2.0444 1313 2023-03-21 14:08:22
Expiration2023-11-30Open Time18:00
Close Time17:00
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