Several key stock index’s performed well in the month of February, (S&P 500 up 5%+). The largest company in the U.S., Apple (NASDAQ:AAPL), was hot this past month, gaining over 12%. What could surprise a few is that Gas was on fire, as the United States Gasoline Fund LP (NYSE:UGA) gained over 23%.
The table below reflects that UGA just had the strongest one month rally since the financial crisis lows in 2009.
You can see the full article at See It Markets on why the Power of the Pattern thought gasoline was staged for a strong rally, before it happened and what the pattern suggests could still take place in the gasoline market.