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Re: Eurotradr post# 457

Wednesday, 04/18/2018 10:23:40 AM

Wednesday, April 18, 2018 10:23:40 AM

Post# of 1285
NAT chart -- break above the 50 DMA is a positive. RSI is still low.

The fundamentals are clearly not in favor of continued price appreciation. But the markets look forward. As you have noted, the rates are not in favor of a distribution increase, but oil prices are up and I believe investors will be pricing in future industry improvements now--not waiting until when EVERYONE knows the distribution could be increased.



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