WEEKLY CHART
DAILY CHART
Price is above the cloud and declining with support around $1.70. Future Kumo is green which is bullish. Daily chart confirms current price level with potential of higher prices in the future.
Sunday, March 22, 2015
Gasoline prices may have bottomed in January
Weekly chart is bearish overall since price is below the Kumo (cloud). Rising prices suggest bottom was around $1.30. Despite increase price has not crossed Kijun Sen (red line) which would result in a weak bullish signal. Price needs to close above the cloud for a strong bullish signal.
WEEKLY CHART
DAILY CHART
Price is above the cloud and declining with support around $1.70. Future Kumo is green which is bullish. Daily chart confirms current price level with potential of higher prices in the future.
WEEKLY CHART
DAILY CHART
Price is above the cloud and declining with support around $1.70. Future Kumo is green which is bullish. Daily chart confirms current price level with potential of higher prices in the future.
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