Energy: Dec RBOB Holding Firm Above Closing Pivot

David Wienke
November 29, 2012

Dec RBOB firm today as it continues to hold above the closing pivot.

RBOB Gasoline
RBOB Gasoline
RBOB Gasoline
RBOB Gasoline


Jan Brent Crude as rolling front month contract; holding its closing pivot pt; 111.40 is s/t .786 resistance; $112.00 long term .618*; 114.14 .786 l/t***

Jan WTI has its key 50 day avg at 89.13**; 88.69 is the 50 day avg using the rolling front month view (next chart); use this area as pivot.

Crude Light
Crude Light

Crude Light
Crude Light

Weekly chart of Jan Only WTI

Crude Light
Crude Light