Gasoline Topping out
Updated
Gasoline seems to be topping out. I was surprised that it exceeded the previous high actually.
Moomentum is slowing down, MACD and RSI showing divgernces with the price.
Expect price to retrace down by about 61% of the up move.
Target = 2.11
Moomentum is slowing down, MACD and RSI showing divgernces with the price.
Expect price to retrace down by about 61% of the up move.
Target = 2.11
Comment
what a nice drop in gasoline last week. not sure if it is ready to come down just yet though.Comment
boom, job done, gasoline dropped as expected, and already retraced up.expecting further upward retracement.
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