Gas prices could rocket up again if key resistance at the $2.50 level is taken out. Potential Right Shoulder looks to be forming right now in the chart below.  A good sign for the economy???


The last time gasoline futures broke above $2.50, prices became pretty painful at the pump and many feel had a negative impact on the overall economy back in 2008.  If you don’t want to pay a ton at the pump, best hope this right shoulder holds just above current prices!

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