United States Gasoline Fund LP
Long
Updated

LONG UGA @ $8.50

178
#Gasoline $RB_F RBOB futures bottom close here at $.54 as gasoline crack spread (difference between spot price of crude oil & gasoline) looks to be bouncing from lows.. Hourly chart showing capitulation volume & bullish RSI divergence suggesting downtrend weakening UGA USO VLO - Twitter Post Cashflo @ 10:53AM CST

https://twitter.com/CashFlo/status/1242117284757463045?s=20

There it is.. #Gasoline $RB_F RBOB futures likely long-term bottom here @ $.46 with massive capitulation volume & hammer candle rally back over $.50 or UGA $8.80.. Expect gasoline futures upside rally to backtest 10dayEMA @ $.80 spot price or $14 UGA stock price USO VLO - Twitter Post Cashflo @ 1:27PM CST

Playing this upside move with UGA October 16th $16 calls @ 1.00

https://twitter.com/CashFlo/status/1242158808232873984?s=20
Trade closed: target reached
Out Gasoline here +100% trade idea

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