RB1988

HO to $2.00 in 6 months

Long
NYMEX:HO1!   NY Harbor ULSD Futures
Looking at the wave structure, we have broken the low of the internal A wave of this corrective structure. We should see a C wave up to $2 over the coming months. Note, looking at RSI, every time it has entered this level, it has quickly reversed. On the 4H TF, there's bullish divergence too. So we should see a decent spike regardless. However, this is a long term hold for me. GL if you follow :)

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