RBOB gasoline has poked up above its 200 DMA
On Venezuela & Iran sanctions.
Spu’s…the levels are straightforward.
Resistance is 2784 per 25X3 then 2794
It would take closes over 2794 to turn up per 50X3 P&F
2752 is the first bounce level.
Closing below will have me targeting 2670’s.
I got a little out of step yesterday.
I will be tidying up my residual positions and starting over.
Index volume is still in March.
FYI I prematurely turned my Models expecting a second close over the
respective 200 DMA’s in the risk spreads.
I’m neutral with an opportunistic eye.
Closing under 2775 tomorrow in the Spu’s will put me in a sell every rally mode.