#Gasoline RB_F RBOB futures bottom close here at $.54 as gasoline crack spread (difference between spot price of crude oil & gasoline) looks to be bouncing from lows.. Hourly chart showing capitulation volume & bullish RSI divergence suggesting downtrend weakening UGAUSOVLO - Twitter Post Cashflo @ 10:53AM CST
There it is.. #Gasoline RB_F RBOB futures likely long-term bottom here @ $.46 with massive capitulation volume & hammer candle rally back over $.50 or UGA $8.80.. Expect gasoline futures upside rally to backtest 10dayEMA @ $.80 spot price or $14 UGA stock price USOVLO - Twitter Post Cashflo @ 1:27PM CST
Playing this upside move with UGA October 16th $16 calls @ 1.00