Monday, March 31, 2008

Oil Drops and Stocks Chop


Oil Dropped. There was a run-up last week due to bombing of an oil pipeline in Iraq.


I tried out the new feature in quotetracker today, comparing multiple symbols at once.Noticable divergences seen between financial and oil sectors. XLE was weak due to the drop in Oil and Financials provided support until the Oil complex closed.

XLE Chart

Comparing YM and ES against ER2. Noticable bullish divergence in ER2 mid-day that corrected before market close.

2 comments:

Jason on 10:31 PM said...

what headphones are those? model#

HPT on 6:58 AM said...

the smaller head phones on the left in the picture with the mic are altec lansing #AHS322, the big headphones on the right are cordless TV headphones made by sennheiser.

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