RB RBOB Gasoline Physical Futures Weekly Chart Analysis: 2026-Apr-21 07:08 CT
Price Action
- Last: 2.4163,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: -2%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month Apr
- Intermediate-Term
- MSFG Current: -28%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 119%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 5. Levels R: 3.3854, 3.1491,
- 6. Levels S: 2.8917, 2.4874, 2.4784, 1.8874, 1.6569.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 2.9608 Down Trend,
- (Intermediate-Term) 10 Week: 2.7732 Down Trend,
- (Long-Term) 20 Week: 2.4163 Up Trend,
- (Long-Term) 55 Week: 2.2730 Up Trend,
- (Long-Term) 100 Week: 2.1035 Up Trend,
- (Long-Term) 200 Week: 1.7053 Up Trend.
Recent Trade Signals
- 17 Apr 2026: Short RB 05-26 @ 2.9632 Signals.USAR.TR120
- 17 Apr 2026: Long RB 05-26 @ 3.1564 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
The RBOB Gasoline futures market has experienced a dramatic surge followed by a sharp pullback, as evidenced by the large, fast-momentum bars and the recent swing from above 3.38 down to the current 2.41 level. Short-term technicals are bearish, with price below the weekly and monthly session fib grids and both the 5- and 10-week moving averages trending down. However, the intermediate-term HiLo trend remains up, suggesting underlying support, while the long-term trend is decisively bullish, with all major moving averages (20, 55, 100, 200 week) in uptrends and price well above yearly session fib grid levels. Key resistance is overhead at 3.3854 and 3.1491, while support is layered below at 2.8917, 2.4874, and deeper at 1.8874 and 1.6569. The recent trade signals reflect this volatility, with both short and long signals triggered in rapid succession. The market appears to be in a corrective phase after a breakout, with potential for further consolidation or a retest of lower support before the longer-term uptrend resumes. Volatility remains elevated, and the market is transitioning from a frothy rally to a period of digestion and possible base-building.
Chart Analysis ATS AI Generated: 2026-04-21 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.