Discussing all the sectors of the S&P500 sectors. Looking for capital rotation trades. DJT XLB XLC XLE XLF XLI XLK XLP XLRE XLU XLV XLY
Oil has been creeping up lately. Today it triggered a bullish intraday pattern. This intraday pattern if completes, sets up for a larger bullish daily chart pattern. If this breakout in oil happens were going to see some energy stocks make moves liek the Semiconductors did today. Many names like RIG, XOM, HAL, XLE put in daily bottoming tails. Some energy...
Nat Gas made an epic reversal today after being down over 6%. Oil got pummeled today despite a weak dollar. Is the energy market breaking down?
Nat Gas saw a decent 4% decline today. It made a lower high in the trend which leaves it vulnerable. Oil hitting resistance and turning negative.
Oil Looking very weak! Natural GAs is almost ready to accumulate on the long side. XLE putting in bearish consolidation!
The energy market may see some headwinds in the next 1-2 weeks. Natural Gas storage update on Thursday. Oil has triggered a head & shoulder pattern
Oil looking strong and testing a bearish range breakout. Natural Gas back testing a key support zone.
Natural Gas is on watch for a technical Breakout We got a bullish daily close on Natural gas today. Its the first time Nat gas has had 2 daily closes above the 50 day moving average since it started the nasty downtrend.
$XOM wedge break out, looks like it wants the bear gap on the daily If we can close the gap at the $107.78 PL we can extend to the $109 PL otherwise we double top and retest the $106.8 PL
Discussing all the major weekly trends for each sector.
Discussing all the leading sectors 0:15 XLK 1:40 XLV 3:45 XLY 4:45 XLC 5:37 XLP 6:26 XLF 7:33 XLI 9:00 XLU 10:54 XLRE 12:14 XLB 13:15 XLE
Relative Strength analysis of Sectors relative to Broader Market One of the fastest way to look for relative strength is to see how different sectors are performing relative to the broader equity markets. I have recorded this 20 seconds video, and it gives a clear answer right now only energy and tech are performing
Natural Gas is on pace for it greatest & fastest fall in price history. Nat Gas is hitting technical support in one of the most oversold conditions ever. We discuss some Nat Gas cycle history that may be useful in knowing how to trade Nat Gas.
Discussing all the leading sectors and stocks to identify major trends. This weekly timeframe is suitable for longer term investors but insightful for traders.
Looking into all the major sectors of the S&P 500 to see if this breakout can be trusted. we review all sectors on a weekly basis to provide insights of the overall market. Most sectors have not broken out & trading at major resistance.
Everything included in the video, I do think a turn lower is likely on these markets, but without as many market participants as usual we could have whipsaw reactions for a day or two. A sell down on the half day Friday would especially be bearish for Monday as traders who are long and away from trading will be trapped. Good luck for the rest of the week and...
All in the video. SPX is hanging around it's 4hr neckline, no decision to sell just yet, Oil may be a nice short, 70 is the target I'm watching. XLE I think is also an excellent short opportunity but confirmation is under 90. Bonds look good and maybe had a very important long term low. BTC could sell some more a few targets are 145 12k and 10k Good luck
In this update we review the recent price action in XLE and identify the next high probability trade location and price objectives to target