Market alert! – Long December RBOB gas surging towards median line target objective! – swing trading strategies, swing trade signals, price action, market timing

Market alert! – Long December RBOB gas surging towards median line target objective! – swing trading strategies, swing trade signals, price action, market timing

TMV Swing Trading report – Long from 2.5075 – last price @ 2.5561 – RBOB gas broke out of as small inside reaction swing and surged toward the upward sloping median line. The reverse/forward count (basis the 60-minute chart) projects the next reversal bar due at 7:00 p.m. with a target objective inside the 2.5690 to 2.5790 target zone.

John Crane

December RBOB gas - click to enlarge