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fcfutures
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Everything posted by fcfutures
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On 5-3-11 we recommended buying June RBOB at 3.3616 on a stop. Overnight the market traded lower and took out the low of 5-3-11. Since the low was taken out the pattern is no longer valid. We are no longer recommending buying June RBOB at 3.3616 on a stop. We will sit on the sidelines and wait for further price action before we look to get back in.