..."A
bright spot to highlight which may be a change of character for the
market is
the positive Seasonality of Energy during the month of
February. This is historically the best month for the
debilitated sector. The daily trading seasonal cycle of WTI shows
the commodity has a tendency to move higher starting mid-February.
While we are not calling for the bottom in energy we acknowledge
the positive seasonal tailwinds at work."'''
courtesy of FBN Technical Research
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'Tis the season - for energy complex to bounce
Posted by hazbin1 on 3rd of Feb 2015 at 09:31 am
..."A bright spot to highlight which may be a change of character for the market is the positive Seasonality of Energy during the month of February. This is historically the best month for the debilitated sector. The daily trading seasonal cycle of WTI shows the commodity has a tendency to move higher starting mid-February. While we are not calling for the bottom in energy we acknowledge the positive seasonal tailwinds at work."''' courtesy of FBN Technical Research