Tag Archives: XLE
The Late Show
OIL…is finding bidders against its 200 DMA @ 48.90 The energy complex has been under-owned. Typically I’d look for a mid-week extreme off the Inventory #’s tomorrow. Oil…25X3 Point & Figure shows sustained price action above 49.65 is needed to … Continue reading
Daily Market Intelligence 3/30/17
Daily Market Intelligence 3-30-17
Daily Market Intelligence 3/9/17
Daily Market Intelligence 3-9-17
Daily Market Intelligence 2/28/17
Daily Market Intelligence 2-28-17
Matrix Members
Follow the yellow brick road. Euro currency has bounced between its #’s twice yesterday for 100 point round trips. 105.50-106.50 The last break yesterday in the Oil was into the qtrly pivot @ 48.50. 51.35 is the next level. Tuesday’s … Continue reading
Midday Missive
XLE…avoid the Oil patch until after OPEC YUM..
Daily Market Intelligence 11/29/16
Daily Market Intelligence 11-29-16
The Late Show
OXY,PSX,XLE are putting in ORL days. XOM has abutted its 200 DMA resistance and failed to follow through. Those with energy portfolios should review their holdings.
Daily Market Intelligence 8/29/16
Daily Market Intelligence 8-29-16
Daily Market Intelligence 8/8/16
Daily Market Intelligence 8-8-16