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Energy is usually the last shoe to drop
Posted on April 20, 2014 Leave a Comment
CLIFF NOTES: below you will see a butterfly top coming into play in the XLE. 98 and/or 110 should act as major resistance. Let’s take a look at the potential set-up’s coming into play: DJ Transports have completed a MAJOR BEAR pattern w/ the AB=CD completing from the late 1800’s. DJ Utilities have a MAJOR […]
Part IV and “your time is gonna come”
Posted on November 10, 2013 1 Comment
this is the Part IV post from a couple months ago: https://bartscharts.com/2013/09/15/part-iv-sp-and-energy/ this energy sector needs to be watched … the OSX, XOI, XLE are painting the same picture as they have gone up in the context of targets that have now been hit or are completing just a little higher. Crude, however, has been […]