LEONES
Short

Cheaper Gasoline part 2

NYMEX:RBM2013   RBOB GASOLINE FUTURES
90 2 0
RBOB is in clear downtrend (good for the summer). The recent retracement started at 2.7000, reached the 20MA and down sloping parallel line (resistance). Downtrend seems ready to resume with a first target objective 3.6450. At this level I expect another small break before the continuation. Similar pattern on Heating Oil             .
LEONES PRO
3 years ago
Update: sell triggered -2.5% today
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LEONES PRO
3 years ago
I'm out of this trade. Yesterday move was not a good sign.
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