RB RBOB Gasoline Physical Futures Weekly Chart Analysis: 2026-May-07 07:07 CT

Price Action

Last: 3.3902,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -49%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -43%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 151%
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: 3.0003 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: Bearish,
Intermediate-Term: Bearish,
Long-Term: Bullish.

Key Insights Summary

Weekly price action is in a strong upside extension with a large bullish bar pattern and fast momentum, but the short-term and monthly session fib grids remain below F0% and both point lower, showing a countertrend pullback structure against the broader advance. The pivot framework stays in UTrend, with the next downside pivot marked at 3.0896 after the current swing high at 3.7640, while support levels are layered beneath the market in a stepped sequence. Benchmarks are uniformly rising across the 5, 10, 20, 55, 100, and 200 day measures, confirming a firmly constructive long-term trend regime. The recent signal cluster is short-biased on the weekly, monthly, and TR120 views, highlighting near-term weakness within an otherwise powerful higher-timeframe uptrend that has accelerated sharply into the latest weekly expansion.