Energy SPX comparison in looking oversold on the RSI.
Whilst SPN has underperformed sectors rotation is poised to have energy take a bounce. Whilst the potential of a long term double bottom may be on the cards the SPN. SPN has recently made a short term double bottom within its sector. So the chances of energy price moving up as a comparison only because its...
sp500 energy index .....we in logical.markets think that usoil can reach 68usd and we will see big drop in energy based copmanies and maybe in copper as well ......this is our vision .....for next year .
gooooood Luuuuuck
(26/1000)
Ascending Triangle for VST on the weekly chart.
Confirmed and already well underway.
Could become interesting if a pull back happens.
Possible 62.19% gains.
Vista corp. follows the SPN (energy sector, chart on right).
Energy sector is building into an ascending triangle (not confirmed) with a possible 41,62% gain.
VST analysis:
Pros:
1- Bullish...
SPN (S&P Energy Index) built into an ascending triangle in March 2020 as shown on this weekly chart.
If filled the projected target price 100% (or pretty close to it) in November 2022.
Following this peak, we've seen lower highs but also higher lows. A sign of indecision.
This indecision could turn into another ascending triangle. The fact that we have a golden...
The fact the current market cap of #AAPL is 30% larger than the market capitalization of all the constituents of the SP Energy Index indicates the mispricing of the asset, the intangibles can't explain this divergence as the #FANG require inputs on their supply chain Scope 1 to 3 according to the emission tracking standards for carbon accounting.
Therefore, we...
Energy sector it’s the best performing market sector in 2022 instead of the latest evolution of Oil. Evolution of energy sector its close correlated with war between Russia & Ukraine. But we need to recap last week’s events.
Russia shut down its Nord Stream 1 natural gas pipeline last week for “maintenance” and will thereby provide Europe with a preview of how...
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red ma can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
Energy sector of S&P extremely outperforms S&P since start of market decline on 4th Jan 2022 and in fact, It is not a surprise considering geopolitical conditions.
This type of comparisons can help us to accurately select our stock. It is essential to look at and investigate the indices before opening any position.
A single stock inside a down trend related...
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
Here we will take a look at the energy index. #SPN has been working in a correction since May 2008. It set its high back in June 2014. Since then, the stock has been trading within the price channel until its recent low was set in on March 16, 2020 and has been responding in an impulsive manner. If we can get above this current area, first price target and area of...
night chart-art shows POSSIBLE uptrend , green trend-line means bullish Short to midterm.
~~N0 Speculations or arrows. And N0T trading Advise / 0pini0ns either, dyr pls.
👉Fact:most coins r long term bulllish🚀
✔️Chartby📈 scammaniacs101 ⏩
Noteworthy:
Market on edge today waiting for FOMC meeting
Energy leading sector in SP 500 YTD
Overview:
SPN was on a weak bearish trend that is possibly ending
SPN broke weak S/R, now up against convergence of long term trend S/R and price S/R
Trend Continues:
Closes through both long term S/R and price level S/R
Trend Assessment...
Noteworthy:
Energy sector spiking today on news EIA raised demand outlook for crude
Overview:
SP500 continues bull rally
As lockdowns ease and vaccines become more prevalent demand for oil goes up with increased travel
Bullish Trend Continues:
RSI breaks 57.60
SPN closes about 370.30
MACD fast crosses above slow
Trend Assessment Was Wrong:...
There is no head and shoulders pattern before its confirm by breakout!
All we have is a really strong support in the uptrend!
So I prefer to buy with a great R/R :)
