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             .
I'm out of this trade. Yesterday move was not a good sign.
Reply
Update: sell triggered -2.5% today
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out