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TFC Commodity Trading Forum

Gasoline Futures/Testing Support *PIC*

Gasoline futures have pulled back to its breakout point at 3.18. "IF" price can hold at this price area and turn back up expect Gasonline to run up to a double top at the 3.47 area. Price historically rallies early in the year into late spring and tops out in the April to June time frame. Would be nice to see Gasoline fall out of bed from here for all those that drive. Until price breaks down below 3.18 and stays below price could still explode to the upside.