markettech's Commentaries
Jan
14
2010
Did You Miss this Opportunity in the Energies Market?
by markettech
Overall Rating:
Where Will Gas Prices Go?
Source: VantagePoint Intermarket Analysis Software
To see more FREE recent market predictions for energies go here!
The market increased by 2290 ticks.
2290 ticks = $9,618 per contract (About 14 trading days)
When the blue line (forecast) crossed above the black line (actual), VantagePoint predicted the market to trend up. The Neural Index at 1.00 also indicated an expected up trend.
RBOB gasoline is one of the leading distillates of crude oil contracts traded on the New York Mercantile Exchange.
The price of gasoline in the U.S. is subject to greater fluctuations, due to a larger proportion of the price resulting from the cost of oil, rather than taxes.
Tags: energies | futures | rbob | gasoline
