coolhat- you gotta
be more specific, do you mean a chart or the intra day readings.
You can get the intra day readings from the 'Mechanical
Systems section of the website at the top, it updates the intra day
9 EMA and BPENER every hr
Otherwise here's a couple of charts
The XLE daily chart is getting closer to the 200 MA target,
however note the gap back in early Jan in the 71 range might need
to be filled.
Also for those of you in the XLE system trade, uou
guys may want to consider taking some profits around those areas vs
waiting for the system because the system won't catch bottoms.
coolhat- you gotta be more specific,
BPENER
Posted by matt on 17th of Apr 2013 at 12:41 pm
coolhat- you gotta be more specific, do you mean a chart or the intra day readings. You can get the intra day readings from the 'Mechanical Systems section of the website at the top, it updates the intra day 9 EMA and BPENER every hr
Otherwise here's a couple of charts
The XLE daily chart is getting closer to the 200 MA target, however note the gap back in early Jan in the 71 range might need to be filled.
Also for those of you in the XLE system trade, uou guys may want to consider taking some profits around those areas vs waiting for the system because the system won't catch bottoms.
RE: XLE trade
Posted by demarktrader on 17th of Apr 2013 at 02:04 pm
Matt, I agree with the profit taking comments... if you pull up a 60 minute view of XLE/ OIH... very clear divergence is showing on RSI and OBV.
I am going to close 1/3 to 1/2 of my position before market close tonight.