Crude oil looks like it might break out to the upside.
If it happens, the timing couldn’t be better now that Big Tech is out of commission. Momentum traders may gravitate toward the energy names as they abandon dozens of broken charts over in the QQQ’s.
Here’s West Texas crude oil (top pane) vs a ratio chart of energy stocks / S&P 500 (second pane) vs the energy sector on its own (bottom pane).

… [Trackback]
[…] Find More Information here on that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Here you can find 66856 additional Information to that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Here you can find 72889 additional Information on that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Information to that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Read More to that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Info to that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Find More Info here to that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Read More Info here to that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Read More Info here on that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Info to that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Read More on on that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]
… [Trackback]
[…] Information on that Topic: thereformedbroker.com/2018/03/22/chart-o-the-day-energy-over-tech/ […]