
RB RBOB Gasoline Physical Futures Daily Chart Analysis: 2026-May-08 07:05 CT
Price Action
- Last: 3.4569,
- Bars: Large,
- Mom: Fast.
WSFG Weekly
- Short-Term
- WSFG Current: -35%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: -31%
- F0%/NTZ' Bias: Price Below,
- MSFG Trend: Down.
YSFG Year 2026
- Long-Term
- YSFG Current: 158%
- F0%/NTZ' Bias: Price Above,
- YSFG Trend: Up.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt Low 3.2869,
- 4. Pvt. Next: Pvt High 3.5883,
- 5. Levels R: 3.7640,
- 6. Levels S: 3.2869, 2.8158, 2.8023, 2.4419, 2.2565.
Daily Benchmarks
- (Short-Term) 5 Day: 3.5739 Down Trend,
- (Short-Term) 10 Day: 3.5196 Down Trend,
- (Intermediate-Term) 20 Day: 3.2973 Up Trend,
- (Intermediate-Term) 55 Day: 2.9933 Up Trend,
- (Long-Term) 100 Day: 2.5041 Up Trend,
- (Long-Term) 200 Day: 2.2311 Up Trend.
Additional Metrics
Recent Trade Signals
- 08 May 2026: Short RB 06-26 @ 3.5026 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
The daily structure shows a strong, expanded swing after a major advance, with the latest action pulling back sharply from the 3.76 high into the 3.45 area. Short-term conditions remain weak because price is below both the weekly and monthly session fib grids, and the swing pivot trend is still in a down phase even though the broader hi/lo pivot structure remains constructive. The 20, 55, 100, and 200 day benchmarks are still aligned higher underneath price, which keeps the larger trend framework intact, but the recent selloff and the sequence of short signals reflect a near-term corrective phase rather than a clean continuation thrust.
Chart Analysis ATS AI Generated: 2026-05-08 07:05 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.