Big Test Looms For Oil Stock Rally
Via Dana Lyons' Tumblr,
Oil stocks are at a seemingly “must-hold” level within their long-term reversal attempt.
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NYSE Oil & Gas
Have Oil Stocks Recovered Their "Line In The Sand"?
Via Dana Lyons' Tumblr,
A key index of oil stocks has moved back above its (temporarily broken) 30-year up trendline…for now.
The 30-Year Line In The (Oil) Sand
Via Dana Lyons' Tumblr,
The current test of a 30-year trendline could determine whether or not the bounce in oil stocks is sustainable.