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Thursday, February 25, 2021

CCL - Before/After

Carnival bottomed exactly as shown in previous analysis and has reached the price target. The target has been reached ahead of schedule. Daily

Friday, February 19, 2021

RIG - Overhead Resistance

Rig has hit overhead resistance and interestingly made a lower high from January. The run in Crude Oil, the commodity, looks to be toppy now. Shares in Energy stocks may continue to rise a little more into March. Daily

Saturday, February 13, 2021

UVXY - Stand Back and Standby!

UVXY mysteriously fell minutes before the close on Thursday. On Friday it lost the long term blue support. UVXY is likely to fall precipitously into month end. 2hour and daily

Thursday, February 11, 2021

DRIP - Oil Sector Pullback Due

The Energy sector is likely to see a pullback shortly. Oil has overheated, with up 8 days consecutively. DRIP entry soon for short term. Expect chop. 60min

Saturday, January 30, 2021

XLE - Energy Sector Short Squeeze

A short squeeze has triggered in isolated stock names, and is sure to spread into wider sectors of the market. Short funds are running for cover to reduce risk in heavily shorted areas. The Energy Sector is one such segment of the market likely to see a rapid unwinding of short books.

Monday, January 25, 2021

GUSH - Texas Tea - This May be a Gusher

Oil company shares may be getting ready for a fast surge up. The 50 moving average is moving sharply higher. Daily

Wednesday, January 20, 2021

China - FXI and YANG

The Chinese market has been bid up and appears overbought. The Shanghai SSEC has traded poorly since July and looks like it will roll over soon. FXI has been having difficulty at this level for many years. FXI is overbought on daily and YANG daily is oversold. Weekly and Daily