Big things move slowly. How long Gasoline momentum can keep up? RBOB GASOLINE FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:RB1! titusj The gasoline market is huge and primarily depends on the Oil market which is even larger. When a big market shows a very high momentum most likely it is driven by speculations instead of real demand/supply based on usage (when things are normal). We can see a sharp price increase from March 2020. The price has faced only one major correction, and the rate looks too high to keep up. The gasoline market is ready for a big correction. The more it stays without a correction, the sharper the drop will be. It has rejected once from the horizontal resistance level however briefly recovered . For the past few weeks, the price has been increasing slowly. In the short to medium term, gasoline will be a bearish market. This is just an idea, not financial advice.