Followers | 689 |
Posts | 143817 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
Thursday, November 01, 2018 10:45:46 AM
By: MPTrader | October 31, 2018
Riddle me this Batman (it is Halloween, right?): After an entire month of extremely close directional tracking (on the downside) of Crude Oil overlaid on the equity market indices, why has Oil negatively diverged during the last 2-3 sessions? The equity market indices are straight up, while Oil cannot get out of its own way, and looks precarious technically as it attempts to hold the lower boundary line of its 6 month channel? Is the equity market embracing the prospect of lower Oil prices, or is the Oil market whispering a message about the health of the U.S. and global economy?
https://www.mptrader.com/middaymarkets/Riddle-Me-This-Batman-What-Message-is-the-Oil-Market-Whispering-to-Us-20181031113306.html
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM