RE: US Stocks - Watchlist and Discussion
(2016-06-14, 08:13 AM)pcabc Wrote:(2016-06-14, 12:21 AM)barra Wrote: After oil, natural gas is rising again.
Is there an opportunity to buy a future long bull market?
I have oil as still having a falling MA:
I'm waiting for it to level off before going for oil & gas producers. I'll have to watch gas as well.
Ok guys, thanks for replies.
May be I've missed something but i use the MA30 weekly (and MAE30) as designated by Stan Weinstein. And the prices are currently above the both MA.
Anyway, there is three periods for natural gas
- first: prices drop and volumes are stable
- second: end of the drop. prices are stable and volumes are rising
- and third one currently according to me: prices are starting to rise and volumes are also rising which is the evidence of the beginning of stage 2.
cheers
BArra