Spot Unleaded Gasoline ($GASO) found support in the 2.45-2.50 area from September to December and then broke resistance with a surge the last three weeks. The breakout is holding, but $GASO stalled this week and fell rather sharply on Thursday. A move back below 2.62 would negate the breakout. Believe it or note, this breakout is positive for stocks because $GASO and the S&P 500 are positively correlated.
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