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RB futures long off B3 Weeklies support

RB futures long off B3 Weeklies support

RBOB GASOLINE FUTURES NYMEX:RBZ2016

Gas popped on the news that a line caught fire in the south of the US. So notice how the news event negated any sign of the B3 Weeklies study working. As price capitulated and calmed down, the levels in the study regained validity. The support has held and 1.4719 mean is the target. R:R 1.5 to 1.