RB RBOB Gasoline Physical Futures Daily Chart Analysis: 2025-Aug-24 18:09 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

The RBOB Gasoline futures daily chart shows a market in transition. Short- and intermediate-term trends are bearish, as indicated by both the WSFG and MSFG being below their respective NTZ/F0% levels and showing downward trends. Swing pivot analysis confirms this with both short-term and intermediate-term pivot trends in a downtrend, and the next key pivot low at 1.9022. Resistance is layered above at 1.9889, 2.0089, and up to 2.0503, while support is well below at 1.8861 and 1.6989, suggesting a wide range for potential price movement. Despite the bearish short- and intermediate-term outlook, all benchmark moving averages from short to long term are in uptrends, and the yearly session fib grid (YSFG) remains bullish, with price above the annual F0% and a positive trend. This divergence highlights a market that is correcting or consolidating within a broader uptrend. The recent trade signal (Long RB 09-25 @ 2.1015) suggests that there was an attempt to catch a reversal or continuation higher, but price has since pulled back below key resistance. ATR and volume metrics indicate moderate volatility and healthy participation. The market appears to be in a corrective phase within a larger bullish structure, with the potential for further downside in the short term before any resumption of the longer-term uptrend. Watch for price action near the key support and resistance levels for signs of reversal or continuation.


Chart Analysis ATS AI Generated: 2025-08-24 18:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.