Energy Investing - The Fly in the Ointment - must watch this - Energy Investing - InvestorVillage
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Msg  317134 of 323352  at  3/4/2021 1:36:53 PM  by

Petroeng


The Fly in the Ointment - must watch this

 This is a weekly, longer term chart of the Market.  This is I think showing some of the worries the market has with the current "drunken sailor" approach to stimulus.  There are two circles in red that are worrisome, since the previous one had a drop with it, but a fairly quick recovery.  The fact that we are sitting there at the second high MACD level, with a MACD crossover.  The good thing was the previous market cliff dive took the CMF with it, and no evidence of that yet.  Something to watch.  
 
 


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Msg # Subject Author Recs Date Posted
317154 Re: The Fly in the Ointment - must watch this Icefire 0 3/4/2021 3:05:16 PM








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