SnarkyPuppy

PSCE - Getting Alpha on US Oil and Nat Gas.

NASDAQ:PSCE   Invesco S&P SmallCap Energy ETF
Up trend strong, pull backs seem to be respecting fibs which only tells me that there is possibly professional buying interest. Economic stage fits a good backdrop. USO etf is almost too heavily traded imo opinion, and it gets muted returns because of the size of the fund inflows and outflows. Also because the companies that make up USO also have the same muted return issues. this more obscure fund tracks small cap stocks in the oil and gas sector. Seems to move more dynamically and systematically. Two things trend traders like to see...Things that follow rules and follow them HARD.

Will be waiting for signals and taking them when they come. just my opinion

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.