Friday, October 29, 2021

#Gasoline RBOB Review $UGA #RB_F

Gasoline Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

Gasoline's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

Gasoline Energy Build (DI)

Gasoline is facing a blocking dome.  Blocking domes (red) often form within well defined uptrends as the trend breathes. As the name states, they block, or attempt to slow the advance within Energy and Alignment Phase. E&A is the third phase within the Evolution of the Trade.

Is gasoline composite trend Early, Mid, or Late? The more extended, the greater chance the blocking dome is going to spawn some sort of correction. Blocking domes that materialize as the primary trend ages are more dangerous.

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