- Rank: 17
- Followers: 56
- Votes: 61
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- Last Update: 23 September 2018, 16:17
to be positive, earnings are doing well, interest rates are still low, the Fed is still accommodative,
the economy is growing, unemployment is low, the business cycle is strong, tax reform is a likely
near-term outcome....all indicate there is an excellent chance for higher prices now and longer
The energy majors tend to run is well defined cycles and this chart is attempting to take advantage of the ups and downs of those cycles.
This chart tracks the market breadth of key areas of the market...It smooths out the short term ups and downs by using a 4 day moving average.
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