It is an attention-grabbing market day with the market transferring decrease regardless of constructive seasonality. Pure Gasoline (UNG) broke out in an enormous manner up over 15% on the time of writing. Is it able to proceed its massive run increased?
Carl took the time without work so Erin gave us the assessment of the sign tables and market charts. She then gave us her perspective on the Pure Gasoline (UNG) chart. As of writing, we have now decided that the massive transfer is because of geopolitical tensions over the expiration of LNG exports with Russia for Europe. This might imply extra exports and demand for US Pure Gasoline.
Erin then lined Sector Rotation and walked us by the entire sector charts “below the hood”. No sectors at the moment have rising momentum. All Worth Momentum Oscillators (PMOs) are in decline organising for a really tough January.
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01:40 DP Sign Tables
04:38 Market Overview (together with Bitcoin, Yields, Greenback, Gold and extra)
24:40 Questions
26:52 Pure Gasoline (UNG)
33:04 Sector Rotation Overview
35:02 Magnificent Seven
41:37 Sector Chart Overview Below the Hood
50:13 Image Requests
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Useful DecisionPoint Hyperlinks:
Worth Momentum Oscillator (PMO)
Swenlin Buying and selling Oscillators (STO-B and STO-V)
Erin Swenlin is a co-founder of the DecisionPoint.com web site alongside along with her father, Carl Swenlin. She launched the DecisionPoint every day weblog in 2009 alongside Carl and now serves as a consulting technical analyst and weblog contributor at StockCharts.com. Erin is an energetic Member of the CMT Affiliation. She holds a Grasp’s diploma in Info Useful resource Administration from the Air Power Institute of Know-how in addition to a Bachelor’s diploma in Arithmetic from the College of Southern California.
