RB RBOB Gasoline Physical Futures Daily Chart Analysis: 2026-Aug-24 07:08 CT

Price Action

Last: 3.0700,
Bars: Medium,
Mom: Fast.

WSFG Weekly

Short-Term
WSFG Current: -17%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Aug

Intermediate-Term
MSFG Current: 46%
F0%/NTZ' Bias: Price Above,
MSFG Trend: Up.

YSFG Year 2026

Long-Term
YSFG Current: 185%
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 3.0714,
4. Pvt. Next: Pvt low 2.8743,
5. Levels R: 3.0700,
6. Levels S: 2.5045, 2.4648, 2.2604, 2.1076.

Daily Benchmarks

(Short-Term) 5 Day: 3.0038 Up Trend,
(Short-Term) 10 Day: 2.9292 Up Trend,
(Intermediate-Term) 20 Day: 2.8304 Up Trend,
(Intermediate-Term) 55 Day: 2.7271 Up Trend,
(Long-Term) 100 Day: 2.6460 Up Trend,
(Long-Term) 200 Day: 2.0545 Up Trend.

Additional Metrics

ATR: 470,
VOLMA: 66827.

Recent Trade Signals

24 Aug 2026: Short RB 10-26 @ 2.992 Signals.USAR-WSFG
20 Aug 2026: Long RB 10-26 @ 3.0175 Signals.USAR.TR120
17 Aug 2026: Long RB 09-26 @ 3.1706 Signals.USAR-MSFG

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Bullish,
Long-Term: Bullish.

Key Insights Summary

Price has produced a strong V-shaped recovery from the early-August pivot low and is pressing the 3.0700 swing-high resistance area with fast upside momentum. The short-term weekly fib reading remains below its F0% level, creating a countertrend condition against otherwise positive pivot structure and rising 5- and 10-day benchmarks. Intermediate and long-term structure remains constructive: price is above the monthly and yearly fib grids, all benchmark averages are rising, and the 20-, 55-, 100-, and 200-day averages remain stacked beneath price. The current advance is extended into prior swing-high resistance, while 2.8743 defines the next pivot-reversal threshold and the 2.5045 to 2.4648 area remains the primary lower support cluster.