VDE - bottoming - 2/19/2016

Vanguard Energy ETFArca

Description

⋅ Feb 20, 2016 1:48 AM

Comparing with 2008 bottom process, 2016 so far has similarly diverged RSI and MACD. This may indicate a bottom might be in. Will need breakout to confirm.

VDE

Comments

Mirandole

⋅ Feb 20, 2016 1:59 AM

It definitely needs a breakout to confirm. Volume has been so low on Crude Oil future yesterday.

A-shot

⋅ Feb 22, 2016 4:41 PM

how would this affect solar stocks?

CosmicDust

⋅ Feb 22, 2016 5:16 PM

Not sure at this point. I will post if I see opportunities. Good luck!