Tag Archives: seasonal gasoline peak

Unleaded Gas Reversal at Seasonal Peak

Our Commitments of Traders research is based on trading reversals. Today, we’ll look at the weekly unleaded gasoline chart as commercial traders force its turn lower inline with its standard seasonal peak. This is nearly an identical situation to last year. While last year’s rally held out a couple of weeks longer, it’s skid lower lasted through the rest of the year. We’ll identify the setup that created a mechanical Cot Sell signal for Sunday night as well as examining where to take profits on a discretionary basis.

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