
RB RBOB Gasoline Physical Futures Weekly 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: 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
- 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: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The weekly chart shows a powerful upside expansion with a large, fast momentum bar driving price well above all benchmark moving averages and into the upper yearly session fib zone. The pivot structure remains in UTrend across both the short-term and intermediate-term swing summaries, confirming the broader trend has turned decisively higher after the multi-year consolidation band around the 1.80 to 2.10 area. Resistance is now centered at the prior swing high near 3.7640, while the next major downside reference sits at the pivot low near 3.0896. Even with recent short signals on the shorter session fib models, the dominant technical picture is a breakout continuation phase with strong trend alignment across the benchmarks and yearly structure.
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.