Noteworthy:
Disclaimer
Not investment advice. Thinking out loud in a crowded room.
- Energy sector spiking today on news EIA raised demand outlook for crude
- SP500 continues bull rally
- As lockdowns ease and vaccines become more prevalent demand for oil goes up with increased travel
- RSI breaks 57.60
- SPN closes about 370.30
- MACD fast crosses above slow
- SPN close below 370.37 (21 EMA)
- RSI less than 50
- MACD slow cross below 0
Disclaimer
Not investment advice. Thinking out loud in a crowded room.
Checkout my free weekly market updates on substack!
ronaldryninger.substack.com
ronaldryninger.substack.com
