
The weekly chart for RB RBOB Gasoline Physical Futures as of early January 2026 shows a market in transition. Price action is currently subdued, with medium-sized bars and slow momentum, suggesting a lack of strong conviction in either direction. The short-term WSFG and intermediate-term MSFG both indicate an upward trend, with price holding above the NTZ center line, but the short-term swing pivot trend has shifted to a downtrend, reflecting recent pullbacks or consolidation. Intermediate-term HiLo trend remains up, and the next key pivot to watch is the resistance at 1.8544, with significant resistance levels stacked above 1.92 and 2.13. Support is well-defined below at 1.6683 and 1.4574, indicating a broad trading range. All major weekly moving averages are trending down, which tempers the bullishness seen in the session fib grids and suggests the longer-term structure is still consolidating or correcting. Recent trade signals show a mix of long and short entries, highlighting the choppy, range-bound nature of the current environment. Overall, the market is showing early signs of potential recovery, but with overhead resistance and downward pressure from longer-term averages, the outlook remains neutral to bullish in the intermediate term, with a need for confirmation of sustained momentum to the upside. The setup is typical of a market in the late stages of a basing process, where volatility may increase as price tests key resistance and support levels.