good volume above cloud money flow good cci strong for trend see our book on why cci is important get on amazon same name relative strength strong about to come out of cloud on weekly
macd crossing get our book to know when to cut small losses and let winners run after you take your money off table relative strength strong above cloud cci and percent r upper range see why that is important in our book we are looking for multi baggers
macd about to cross see the importance of entry points with macd in our book on amazon money flow strong relative strength strong above daily cloud
Natural Gas Ascending Triangle. Buy at triangle trend line or wait for breakout.
above daily and weekly cloud get our book on cloud importance on amazon same name macd crossing relative strength good money flow growing cci and percent r at top
How the AVERAGE of SPY, QQQ, IWM &DIA and the AVERAGE of CL1! & NG1! have performed against one another.
As I described my thoughts on the chart.
The impulse is at the bottom of oil. We are currently in wave 4. If you look at the daily inverse hammer in wave 1 you can see we had a very bullish move after that. We had a consolidation Friday February the 26th. Expect a long move up in the 5th wave. (The fourth wave holds the characteristics of being a fourth wave - it retraced less than 38.2% of wave...
A break of this current trendline would lead to a move up to $38. Volume analysis indicates that the point of control is at $45, which coincides with bullish sentiment. We are also currently at a point of relatively high volume, with smaller nodes at price points above market until we reach the Point of Control. Looking at COT data, speculators are net short while...
With Oil prices hitting new lows every now and then, it’s hard to believe that pump prices in Singapore barely move an inch while the Energy Sector’s valuations have been dropping. The Sector’s performance move in tandem with oil prices, as higher prices would allow them to realise more revenue. That equates to more funding for oil exploration, but with oil at...
Brent crude has been able to rally on little volume during the U.S. banking holiday and rumors surrounding a potential unified OPEC production cut, issued by the UAE energy minister just as WTI was carving out a 12 year low (and in the middle of the night, local time, no less.) Four days later, there has been no new reports of said production cut proposal, but...
Oil and Gas stocks this earning has a lot of premium cooked up in the options. 2 x Premium than the expected moves. Some Companies reported positive earnings and guidelines, while others did not. Oil Sectors around earnings are a bit tricky to trade. Some people with 10-15 years won't touch these. If you like to take a dip and have fun like me. Go for it....
zigzag ends at the previous trendline. there is a good opportunity to buy for another impulse.
Excellent asymmetric risk/reward opportunity here.
Wait for the 4 HR candle to close above 0.236 fib level to execute long trade. Confirmations : Retest of Daily Trendline, ABCD Formation, Monthly Hammer Formation Complete Bullish Setup, Risk Reward trade (1:4) Happy Trading :D
Crude started the new year with volatility, as prices initially rebounded into price resistance near $38/bbl on geopolitical tensions between Iran and Saudi Arabia. However, the rally was short-lived and there looks to be no follow through in today's session. There are a few key factors to take into account: slow global growth, a decline in global demand growth...
Double gapping top in a short closing rally. Makes it a very obvious re-short. Buy January 15, $8 PUTS at 0.15 each for maximum gain. opcalc.com
Seems like NGAS bounced hard forming a bullish channel with a "stairs" pattern. It's currently on the channel resistance so it sould go down by now. We can also see a gap that should be filled at 2.260. I recommend to sell on breakout or just buy the deep with a target to 2.260 gap. Regards and happy trading!