Hi, these are just ideas not recommendations, sometimes I trade my ideas, sometimes I don’t.
Always remember, yours is the responsibility for your trades,
Good luck,
Erick



Monday, July 16, 2012

Dow Jones US Oil & Gas Index





Oil & Gas is at an almost exact 84% retracement both in time and price of the Jul 3-Jul 10 move.




 If in fact the group is in down mode we should start seeing lower prices very soon, anyway, this week the group is defining its future trend. 548 is support.







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I am a civil engineer who likes charts, to me, speculating in the markets is both a hobby and a second profession and in my view the stock market is the most honest environment, since it is only your knowledge and preparation that matters. I live, and work in the construction industry, in the Dominican Republic. I read and answer all my mail so please feel free to write sternloinaz@gmail.com Thanks, Erick