because the stocks are outperforming, just like gold stocks
under perform or outperform relative to gold, energy stocks are
outperforming and that's bullish here, it says that the odds that
crude oil finds support and goes up again is very high. In
fact you could start looking for a buy trigger on crude because
this says it's probably gonna bounce soon,
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ERX continues following through
Posted by matt on 16th of Apr 2018 at 11:41 am
ERX - Chart Link
What would a buy trigger on the crude futures be?
Posted by victorh on 16th of Apr 2018 at 01:30 pm
Why would this be with
Posted by lamb on 16th of Apr 2018 at 11:55 am
Why would this be with crude down 1.00??
because the stocks are outperforming,
Posted by matt on 16th of Apr 2018 at 01:04 pm
because the stocks are outperforming, just like gold stocks under perform or outperform relative to gold, energy stocks are outperforming and that's bullish here, it says that the odds that crude oil finds support and goes up again is very high. In fact you could start looking for a buy trigger on crude because this says it's probably gonna bounce soon,