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Thread: Energy 3x: ERX vs. ERY

  1. #1

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    Default Energy 3x: ERX vs. ERY

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    Candlestick crack addict...


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  3. #2

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    Default Re: Energy 3x: ERX vs. ERY

    Last edited by JTH; 05-11-2009 at 09:48 PM.
    Candlestick crack addict...

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  5. #3

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    Default Re: Energy 3x: ERX vs. ERY

    I don't make trades based on P&F charts, but I do use them as an indicator.

    Attachment 47

    http://stockcharts.com/def/servlet/S...ERX,PSTADANRBO
    http://stockcharts.com/def/servlet/S...ERY,PSTADANRBO
    Last edited by JTH; 05-11-2009 at 09:48 PM.
    Candlestick crack addict...

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  7. #4

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    Default March ERX

    It would seem March has been a good month for energy's ERX.

    Attachment 50

    http://stockcharts.com/h-sc/ui?s=ERX...24&a=163602903
    Last edited by JTH; 05-11-2009 at 09:49 PM.
    Candlestick crack addict...

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  9. #5

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    Default Re: Energy 3x: ERX vs. ERY

    JTH, I love your charts! Did you do that one yourself or is there an area for premade charts on stockcharts.com? Either way, thanks for sharing!

    Lady
    If you think education is expensive, try ignorance. - Derek Bok

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  11. #6

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    Default Re: Energy 3x: ERX vs. ERY

    JTH,

    Thanks for posting the chart. I may have to buy some ERX.

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  13. #7

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    Default Re: Energy 3x: ERX vs. ERY

    Thanks Lady

    Yes I did the chart. No more MS Paint for me! if I'm going to pay for a service, than I better get my moneys worth. I especailly like adding my drawings to a live chart where I can watch real time prices and compare them to last nights thoughts.

    I would imagine we should expect a pullback to the 20 SMA after all this recent strength.

    P.S. It's hard to tell from looking at the chart, the 20 & 200 SMA HAVE NOT crossed.

    Attachment 51
    Last edited by JTH; 05-11-2009 at 09:49 PM.
    Candlestick crack addict...

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  15. #8

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    Default Re: Energy 3x: ERX vs. ERY

    Sometimes watching these markets is more fun than a watching a dog watch a hotdog tied to a ceiling fan.

    Once again the Bear has mounted the Bull. On the 60min chart we broke through the 200 SMA like it wasn't even there.

    Attachment 53
    Last edited by JTH; 05-11-2009 at 09:49 PM.
    Candlestick crack addict...

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