Gasoline Remains in An Up-Trend
February 09, 2011 at 10:38 AM EST
This morning the U.S. Gasoline Fund is trading higher by 0.26 cents to $43.24 a share. The UGA has been in a strong daily chart uptrend since early September 2010 when the Federal Reserve Bank announced it’s quantitative easing program. When gasoline increases this is a direct tax on the U.S. consumer. Please note that [...]