About The Author

Frank Petricca

Frank Petricca is writer of “Petricca’s Pick” focusing on a Long Term approach for commodity traders that have an interest in Long term accumulation. Frank has worldwide recognition spurring innovation that points to communicating a different way to approach ones investment portfolio using commodity instruments. Contact Frank at 312-690-7763.



My post dated 12/13/2023 read as follows:


“Gasoline futures are now trading close to short-term support where partial liquidation is now recommended. Those of you that have multiple SHORT gasoline positions that were established in the UPPER 25% of the Long-Term trading range $2.35/$2.37 should cover 50% of those positions.”


“Market is presently trading $2.02. This gasoline (RBOB) move is worth approximately $13,600.00 per 1 contract.”


I am now recommending re-establishing those short positions as gasoline futures have rallied sharply and is now trading within my upper 25% parameter.


Clients and subscribers should call for entry levels before the end of today’s trading session. 312-690-7763.



Interestingly enough –


Last week’s EIA’s Petroleum Supply report showed crude oil stocks dropping 9.233 million barrels, which was a much larger draw than the trade expected due to weather conditions, but at the same time there was a significant increase in U.S. gasoline supply.


The EIA report showed U.S. gasoline stocks at a robust 252,977 million barrels, which was their highest reading since February 2021. Over the past four weeks, stocks have increased by 26.923 million barrels.


My Longer-Term vision for gasoline futures remain extremely bearish. Please call me personally for details.


My objective for gasoline futures is the lower 25% of the Long-Term trading range which would be the $120.00 level or lower.

That’s a move worth approximately $40,000.00 per 1 contract from present levels.


Remember there are four important components regarding my strategies…


  1. Positions are established only in the upper or lower 25% of the Long-Term trading range.
  2. Positions are established only when my trend following methodology is up or down within that 25% parameter.
  3. Positions are held until positions reach the opposite extreme high or low. (The upper or lower 25% of the Long-Term trading range).
  4. Correct money management strategies must be implemented.


There is no question that more that 90% of commodity investors lose money…


And it’s true that my strategies also incur drawdowns…


But – What I offer is a way to be “in the market” when major commodity moves occur.


My strategies require one to maintain –


  • Patience
  • Commitment
  • Vision
  • Discipline


Those of you that have an interest in additional details regarding my strategies should call me personally. 312-690-7763.

Would love to hear from you.


In the meantime,


Have a great year trading!




Questions? Ask Frank Petricca today at 312-690-7763.        
Tagged with: