darryl11

june rbob, double top??

NYMEX:RBM2016   RBOB GASOLINE FUTURES
7 0 1
After yesterdays ugly finish, Rbob has staged a late evening rally to close out within two pips of the high set yesterday. In an ideal world we would have closed over this. Need to see higher numbers tomorrow or the risk of a double top comes into play.
Macd/Rsi/Stoch all tell us that this level should be taken out tomorrow and higher numbers to come
Comment: new high was made on wednesday following positive eia data but hawkish fed leading to big dollar move has sent rbob lower, looking for initial support of the 5 and 13 day mov av to hold before another leg higher.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out