RB RBOB Gasoline Physical Futures Weekly Chart Analysis: 2026-Oct-23 07:08 CT

Price Action

Last: 3.23,
Bars: Large,
Mom: fast.

WSFG Weekly

Short-Term
WSFG Current: -8%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month Oct

Intermediate-Term
MSFG Current: -10%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: 231%
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 3.3521,
4. Pvt. Next: Pvt low 2.8875,
5. Levels R: 3.3521,
6. Levels S: 2.1715, 1.9334, 1.7748, 1.7414, 1.3659.

Weekly Benchmarks

(Short-Term) 5 Day: 3.1717 Down Trend,
(Short-Term) 10 Day: 2.9703 Up Trend,
(Intermediate-Term) 20 Day: 2.6189 Up Trend,
(Intermediate-Term) 55 Day: 2.0708 Up Trend,
(Long-Term) 100 Day: 1.4071 Up Trend,
(Long-Term) 200 Day: 1.2146 Up Trend.

Recent Trade Signals

23 Oct 2026: Long RB 12-26 @ 3.1192 Signals.USAR.TR120
22 Oct 2026: Short RB 12-26 @ 3.0865 Signals.USAR-WSFG
22 Oct 2026: Short RB 12-26 @ 3.0942 Signals.USAR-MSFG
20 Oct 2026: Short RB 12-26 @ 3.0202 Signals.USAR.TR720

Overall Rating

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

Key Insights Summary

RB is in a powerful, high-volatility weekly advance, with the larger pivot structure, yearly grid position, and all major intermediate-to-long-term benchmarks aligned upward. The market has extended sharply from the 2026 base and recently printed a 3.3521 pivot high, making the current action a fast momentum pullback or consolidation beneath that high. Short-term conditions are mixed: weekly and monthly Fib-grid readings remain below their respective F0% levels and recent WSFG/MSFG signals are short, while the pivot trend remains up and the 5-day average is still above the rising 10-day average. The 2.8875 pivot-next level defines the key short-term structural retracement threshold, while 3.3521 remains the immediate breakout reference.