Gasoline 4 Hour Price Update
Updated February 24, 2021 01:55 AM GMT (09:55 PM EST)
Gasoline came into the current 4 hour candle down 0.05% ($0) from the open of the last 4 hour candle, marking the 3rd consecutive candle it has gone down. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.
Gasoline Daily Price Recap
Gasoline closed the day prior up 0.92% ($0.02); this denotes the 3rd day in a row an increase has occurred. On a relative basis, today was pretty good: Gasoline bested all 6 of the assets in the energy commodity class 🙂 Here is a daily price chart of Gasoline.
Gasoline Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 6 out of the past 10 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.