This is interesting, Explains the recent chops in the Market and Energy stocks.
If this so called bottom in oil any good, then we should see some improvement in this sector, along with this HUGE sector, the market will get better.
Apart from this chart - DIA - Broke out. MDY - Broke out. The next is SPY ? we shall see.
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as a note to fellow traders, At any given point in time, you should know where the Sectors are. This should drive your trading decisions. Not a news article, that says, "oh Oil is at the bottom, buy them"
If this so called bottom in oil any good, then we should see some improvement in this sector, along with this HUGE sector, the market will get better.
Apart from this chart - DIA - Broke out. MDY - Broke out. The next is SPY ? we shall see.
-------
as a note to fellow traders, At any given point in time, you should know where the Sectors are. This should drive your trading decisions. Not a news article, that says, "oh Oil is at the bottom, buy them"
Uday C Santhakumar
udaycs.substack.com/
udaycs.substack.com/
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Uday C Santhakumar
udaycs.substack.com/
udaycs.substack.com/
関連の投稿
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。