Midday Missive

KBE…banks have been out of favor. Spu/Bonds are making me friendly to the sector.

OXY…92.00 is resistance. It is also the confluence of the Golden Cross where the 50 day and the 200 day mvg averages converge.

VIX…14.68 is where the 50 & 200 mvg avg’s converge. This is support and the downside pivot.

CHK…24.59 is support and a trad able level.

This entry was posted in Archive and tagged , , , . Bookmark the permalink.