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Trendline Holds in RBOB…time to go to work!!!


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Trendline Holds in RBOB…time to go to work!!!


Good Morning—

September RBOB:
(GRBU8)

Trendline HOLDS   Let’s go!
This market isn’t for everyone…its a BIG contract and there are NO minis

BUYING at 2.01

Risk will be the 1.98 level  ($1260)
Targets will be the 2.08 level  ($2940) and onto the 2.14 level ($5460)


This is a sample of Brian’s email newsletter, The Cullen Outlook.

This is from the Formation Finder portion from this morning.

To gain access to these charts and all of the trade ideas in full the day they are released, sign up for a FREE 30 day trial today!  Visit www.TheCullenOutlook.com


TRADE IT WHEN YOU SEE IT!!!

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Risk Disclosure

This material is conveyed as a solicitation for entering into a derivatives transaction.

This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.

You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.



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About the author


Brian Cullen is a Senior Futures and Options Broker and Market Strategist with Daniels Trading. He is the publisher of The Cullen Outlook newsletter and the author of The Market's Spine, a guide and video series focused on technical analysis of the futures markets.

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