Periodicity in the energy sector
this is uncanny. using a “money flow” technical indicator, past extremes in the recent past in 2008 for the energy sector have been:
May21st overbought
July 9th oversold
Aug 29th overbought
Oct 16th oversold
Dec 5th overbought
sorry, december 5th hasn’t happened yet. for that matter, November 5th hasn’t happened yet either. How did I get december 5th?
May21-July 9th 49 days
July 9 - […]