#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 $UGA $USO $VLO - Twitter Post @CashFlo @ 10:53AM CST
https://twitter.com/CashFlo/status/1242117284757463045?s=20
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 $USO $VLO - Twitter Post @CashFlo @ 1:27PM CST
Playing this upside move with UGA October 16th $16 calls @ 1.00
https://twitter.com/CashFlo/status/1242158808232873984?s=20
https://twitter.com/CashFlo/status/1242117284757463045?s=20
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 $USO $VLO - Twitter Post @CashFlo @ 1:27PM CST
Playing this upside move with UGA October 16th $16 calls @ 1.00
https://twitter.com/CashFlo/status/1242158808232873984?s=20
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Out Gasoline here +100% trade idea