VDE update - energy may have bottomed - 3/22/2015Still a little early to call, but past bottom triangle patterns strongly suggest the chance is good. To confirm, we want the red resistances to be cleared. MACD has already been in the positive zone.
VDE trade ideas
VDE update - 10/24/2014VDE bounced of blue support line from 2009. Meanwhile DXY (dollar index) is facing red resistances.
VDE - can it turn around?Financial media began to talk about market bottom, and recent Fed comment is dovish. Energy stock has been hit among the hardest and sit on support line right now. Can it turn around soon? No idea yet but deserve close attention.
