Market Overview

Technical Forecast for RBOB

Technical Forecast for RBOB
RBOB Gasoline reached the 314.50/315 target & tried a break above 316 but this could not be sustained. A push higher today cannot be ruled out and could target 317.80-319.
Look for support at 313.32/312.68 but below here risks a slide to 308.48/317.82.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Commodities Markets Trading Ideas


Related Articles

View Comments and Join the Discussion!