RB RBOB Gasoline Physical Futures Daily Chart Analysis: 2025-Oct-23 07:17 CT

Price Action

WSFG Weekly

MSFG Month Oct

YSFG Year 2025

Swing Pivots

Daily Benchmarks

Additional Metrics

Recent Trade Signals

Overall Rating

Key Insights Summary

RBOB Gasoline futures are showing renewed upward momentum in the short term, with price action breaking above key short-term moving averages and the WSFG and MSFG grids both indicating an uptrend. The most recent swing pivot has shifted to an uptrend, with a new pivot low established at 1.7873 and the next resistance pivot at 1.8771, suggesting a potential test of higher resistance levels if momentum continues. However, intermediate and long-term moving averages remain in a downtrend, reflecting broader consolidation and a lack of sustained directional conviction over the past several months. The market has recently bounced from support, with average volatility and volume, and is now approaching a cluster of resistance levels. The overall structure suggests a short-term rally within a larger range-bound environment, with the potential for further upside tests if resistance is overcome, but with caution warranted as longer-term trends have yet to confirm a sustained bullish reversal.


Chart Analysis ATS AI Generated: 2025-10-23 07:17 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.