Monday, October 11, 2021

#OilStocks Review $XOP

Oil Stocks Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

Oil stocks' overall trend, revealed by trends of price, leverage (futures & options), and time, are defined in The Matrix for subscribers.

Subscriber Comments

I can't be the only one noticing the oil stocks' ProIndex underperforming price. Bearish divergences between price and the ProIndex can linger a long time, but the bulls need this to be resolved. The ProIndex needs to confirm price's breakout, or the next bearish energy build in oil might be extremely dangerous. Watch this closely in the Matrix. If you don't know how, ask.

Oil Stocks ProIndex

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.