Get started
RBOB Gasoline FuturesRBOB Gasoline FuturesRBOB Gasoline Futures

RBOB Gasoline Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts

RB1! trade ideas

Gasoline Futures Finish The Week FlatGasoline prices finished relatively flat after recovering mid-week from falls of around -4% to finishing the week at 1.5041. Data released by EIA did show slightly better than expected build data lower than analyst expectations. This did have a slight impact on pricing which did assist in this pullback we did see. Saying this though, this is the 12 weeks straight of build data which has been released to markets. Build data has increased from the beginning of the November market of last year.
NYMEX:RB1!
by OilReporting
GASOLINE RBOB - Possible topI already told, here in this blog, dozens of times how powerful this signal is. You can check here how and when it triggers. Checking the chart for gasoline rbob, you will see how effective this was last time it gets activated. This is the second week in a row we have this signal poping in the cot tool, and from the last signal to now the instrument already moved 10 USD down. More to come! You will see in the second chart that this is the biggest long position held by the big speculators. So we have a clear exhaustion of buying power(check explanation), a major drop is expected! In the third image, you will see big speculators positioning organized from biggest to lowest. Check the post here leohermoso.com
NYMEX:RB1!Short
by leoohermoso