Ref. the bullish bounce pattern in crude oil we noted in NFTRH 536. The target for WTI crude is around 60 (oil is currently around
For me – and NFTRH in general – Energy has been an ‘avoid’ all year. Currently, XLE is on a daily chart breakdown that it
Last week we noted XLE’s attempt to break above the SMA 50. In NFTRH 457 we noted its unsurprising failure. Today I want to look
On Sept. 1, 2015 we looked ahead on both XOM and the Energy sector in general (XLE). XOM went on to bottom at the projected
This is an NFTRH+ update, but it is sent to the entire list because it is also a macro market update. Last February we updated
This NFTRH+ update is sent to the entire list as it has more general considerations than just as a trade. Last year we began managing
In US pre-market silver is +2.47% and gold is +.72% at 7:00 Eastern. The silver-gold ratio closed like this yesterday, still above the daily SMA
I created the title and then had a flashback to Spy vs. Spy… :-) Anyway, here are some daily charts of other items vs. SPY.
There is a bigger picture situation, the bottom of which we caught right on. That would be per this monthly chart at the green long-term
Updating the short and long-term views of XLE and sending to the entire list as it is a sector of interest to so many economies
As you know, we have the energy sector (XLE) as an ongoing situation from both long-term (monthly view, for investors) and short-term (daily, for traders).
This is as much an excuse to test the NFTRH+ ‘opt-in’ list as it is a reason to update the energy sector (XLE). At the
From yesterday’s update: “As for gold, it is ready for a correction (with silver even more so) when viewing the CoT data, sentiment backdrops and
This is an old NFTRH+ chart of the monthly XLE. There have been some false alarms and bounces on daily charts, but we used the