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#1 beta

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Posted 20 January 2013 - 12:57 PM

Follow-on to Jan 5 Commodity Review thread:

I continue to believe that we are going to see one final run ("wave 5") after the next upcoming correction, and that it will be led by commodities including Energy sector. Many issues including XLE ETF are right on the cusp of a breakout -- which will determine the s/t direction of SPX.

$WTIC and USO stopped right @ verge of weekly resistance:

http://stockcharts.com/c-sc/sc?s=$WTIC&p=W&yr=7&mn=0&dy=0&i=t63101193147&a=288053288&r=1358704891675.png

http://stockcharts.c...58704841171.png

Edited by beta, 20 January 2013 - 01:01 PM.

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#2 beta

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Posted 20 January 2013 - 12:59 PM

Decision Time for XLE -- unless it breaks out right here, may swing back to 71.5 before attempting another run:

http://stockcharts.c...58704782405.png
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#3 beta

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Posted 20 January 2013 - 01:03 PM

XLE:SPX ratio:

http://stockcharts.c...58704988256.png
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#4 beta

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Posted 20 January 2013 - 01:05 PM

O&G tech leader, my No. 1 pick:

http://stockcharts.c...58705099957.png

Edited by beta, 20 January 2013 - 01:05 PM.

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#5 beta

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Posted 20 January 2013 - 01:06 PM

My No. 2 pick:

http://stockcharts.c...58705162091.png

Edited by beta, 20 January 2013 - 01:06 PM.

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#6 beta

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Posted 20 January 2013 - 01:08 PM

http://stockcharts.c...58705234755.png

http://stockcharts.c...58705268379.png
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#7 beta

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Posted 20 January 2013 - 01:09 PM

USO:GLD Ratio:

http://stockcharts.c...58705369752.png
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#8 beta

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Posted 20 January 2013 - 01:12 PM

GS:GLD Ratio -- Unleash the Kraken ! :lol:

http://stockcharts.c...58705504782.png


footnote to daneric blogistas: sorry, FAM is not beta --i dont post, only read. maybe that will stop the channelling <_<

Edited by beta, 20 January 2013 - 01:13 PM.

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#9 stubaby

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Posted 20 January 2013 - 02:35 PM

Follow-on to Jan 5 Commodity Review thread:

I continue to believe that we are going to see one final run ("wave 5") after the next upcoming correction, and that it will be led by commodities including Energy sector. Many issues including XLE ETF are right on the cusp of a breakout -- which will determine the s/t direction of SPX.

$WTIC and USO stopped right @ verge of weekly resistance:

http://stockcharts.com/c-sc/sc?s=$WTIC&p=W&yr=7&mn=0&dy=0&i=t63101193147&a=288053288&r=1358704891675.png

http://stockcharts.c...58704841171.png




Beta:

Great Charts! Especially like the "ratio" charts.



http://stockcharts.com/c-sc/sc?s=$WTIC&p=W&st=2000-01-01&en=2012-12-31&i=p63085453161&a=259871897&r=4579.png


I still have $103-105 as key resistance level - RSI in channel - MACD in wedge.


stubaby B)

#10 dougie

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Posted 21 January 2013 - 03:27 PM

what would dramtically higher OIL portend for USD?