Crude oil futures look strong late in the day, with potential new 7-year highs for black gold… We could see that 100 level a lot sooner than many expect. $CL_F #energy pic.twitter.com/wg2Cfj1Ydp — Ian Culley (@IanCulley) January 18, 2022 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). It’s a chart of Crude […]
Chart of the Day – Thursday, January 13th, 2022
Energy / S&P 500 ratio nearing an important inflection point once again. Does it fail again or is the third time the charm? $XLE $SPY pic.twitter.com/krK8QXTelM — Matthew Timpane, CMT (@mtimpane) January 13, 2022 Today’s Chart of the Day was shared by Matthew Timpane (@mtimpane). It’s a ratio chart of the Energy Sector vs. the […]
Chart of the Day – Monday, October 4th, 2021
I'm not a proponent of buying at resistance. Chase it here if you like but risk > reward until $57 is cleared. When/if it is, I'm 100% on board. But not there yet.$XLE pic.twitter.com/pS2QSzeAjX — Drew Wells, CMT, CIMA® (@DrewTheCharts) October 4, 2021 Today’s Chart of the Day was shared by Drew Wells (@DrewTheCharts). It’s […]
Chart of the Day – Wednesday, July 7th, 2021
$XLE broke below its 50MA and $XLE : $SPY broke below its November uptrend pic.twitter.com/rU6UWF3AuZ — Bailey.Baxter2020 (@BBaxter2020) July 7, 2021 Today’s Chart of the Day was shared by Bailey Baxter (@BBaxter2020). It’s a chart of the Energy sector over the past year, on both an absolute (top) and relative (bottom) basis. The Energy sector has been […]
Chart of the Day – Thursday, June 3rd, 2021
Are investors really ready for this…? IMO, an overwhelming amount are NOT. And that's just another tailwind in the form of "incremental buyers" and pent-up demand which could keep these areas well-bid for much longer than most are prepared for… $XLF $XLE pic.twitter.com/yY0xTprVVw — Steven Strazza (@sstrazza) June 3, 2021 Today’s Chart of the Day […]