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Strategies & Market Trends : Wolfgangrene's charts -- Ignore unavailable to you. Want to Upgrade?


To: wolfgangrene who wrote (3596)5/5/2017 12:28:16 AM
From: Chris_Toronto  Read Replies (2) | Respond to of 3976
 
An old post from Wolf. Though the charts are updating in real time.

Message 30165004

Many beaten up energy names that, incredibly after all this beating, don't seem to me like they are ready for a bounce yet, or are they?

AR is showing a pinch though.

Interesting to look at old posts like this.



To: wolfgangrene who wrote (3596)5/11/2017 10:31:08 AM
From: The Ox1 Recommendation

Recommended By
wolfgangrene

  Read Replies (1) | Respond to of 3976
 
First attempt to "back fill" or start a much needed (IMO) pull back. A clear head and shoulders potentially negative setup is seen in the second chart.

Let's see if the computers all line up to buy like "normal" or if there is finally a bit of a step back and continuation of this morning's setup: