(This post was last modified: 2019-07-14, 12:18 PM by briansmith456.)
RE: Stage Analysis Beginners Questions-crude oil
Hello,
I was wondering if perhaps this chart says crude oil (WTIC) is a buy if it breaks 62.50? Perhaps a break above will start to see WTIC price outperform SPX price. In the same token I am thinking XLE is a buy if it breaks the trendline as the 30 ema, 30 sma and 10 sma should start curling up if it breaks above the trendline.
Thanks for any thoughts on crude (and XLE).
Brian