Gasoline (XB1) Down 2.79%; in a Downtrend Over Past 90 Days

Gasoline Daily Price Recap

Gasoline entered today at 0.7521 in US dollars, down 2.79% ($0.0216) from the day prior. Relative to other instruments in the energy commodity asset class, Gasoline ranked 3rd since the day prior in terms of percentage price change. Here is a daily price chart of Gasoline.

Gasoline Technical Analysis

Volatility for Gasoline has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. 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.