Energy Investing - Comment on Today's Chart Action - Energy Investing - InvestorVillage


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Msg  382460 of 384112  at  1/14/2022 8:47:14 PM  by

us2u001

The following message was updated on 1/14/2022 9:46:47 PM.

 In response to msg 381554 by  Luckyone581
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Re: Comment on Today's Chart Action

 
 In my chart evaluation this past Sunday, I did state that intraweek oil could (and likely would) get up to 81.81-82.15 and today the high was 81.56 and tomorrow it is likely today's high will be broken and the levels I mentioned reached. Nonetheless, the key issue at stake is Friday's weekly close. If the bulls are able to generate a green weekly close above 79.20, the outlook will change
 
 
 
  From Lucky's last post on oil above, I take it the outlook has changed, now more bullish. Quite a strong finish to a strong week, both for oil and the equities. Particularly on a relative basis to the rest of the markets. Energy hardly paused for a breath this week. Money flows are very strong. 
 
 


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Msg # Subject Author Recs Date Posted
382481 Re: Comment on Today's Chart Action Wilk 2 1/14/2022 11:01:48 PM


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