RB RBOB Gasoline Physical Futures Weekly Chart Analysis: 2026-May-06 07:06 CT
Price Action
- Last: 3.3823,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: -46%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -41%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 152%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt High 3.7640,
- 4. Pvt. Next: Pvt Low 3.0896,
- 5. Levels R: 3.7640,
- 6. Levels S: 2.8158, 2.7826, 2.4071, 1.8243, 1.8161.
Weekly Benchmarks
- (Short-Term) 5 Day: 3.2078 Up Trend,
- (Short-Term) 10 Day: 3.0093 Up Trend,
- (Intermediate-Term) 20 Day: 2.4954 Up Trend,
- (Intermediate-Term) 55 Day: 2.2902 Up Trend,
- (Long-Term) 100 Day: 2.0592 Up Trend,
- (Long-Term) 200 Day: 2.0413 Up Trend.
Recent Trade Signals
- 06 May 2026: Short RB 06-26 @ 3.5254 Signals.USAR-MSFG
- 06 May 2026: Short RB 06-26 @ 3.5254 Signals.USAR-WSFG
- 06 May 2026: Short RB 06-26 @ 3.5787 Signals.USAR.TR120
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Neutral,
- Long-Term: Bullish.
Key Insights Summary
The weekly chart shows a powerful upside expansion with a large breakout candle pushing price to 3.3823 after a prolonged base/reaccumulation zone through 2024-2025. The short-term session fib structure remains below its F0% line, matching a down weekly session bias, but the actual swing structure has flipped to a bullish pivot trend and price has cleared major benchmark moving averages decisively. The yearly session remains strongly positive, indicating the dominant long-term trend is still upward. Recent short signals from the weekly and monthly session frameworks reflect the pullback/rotation phase that occurred before the breakout, but the latest price action is now testing the upper end of the multi-year range with momentum expanding sharply. The chart structure favors a trend continuation profile after a broad consolidation, with resistance now defined by the prior swing high at 3.7640 and nearby support clustered around the 2.81 to 2.78 area.
Chart Analysis ATS AI Generated: 2026-05-06 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.