VDE $VDE Initial ShortVDE $VDE Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
VDE
VDE closing the gap? VDE tracks a market-cap-weighted index of US energy companies. The index includes those companies deemed investable by MSCI and covers 98% of the market.
request for VDE from a buddy on trading view. I would look to get out around 47.30$ maybe even a bit lower , not sure what your target was
this analysis is personal opinion , in no way it's a professional guidance for a particular position. I do wish you luck, sounds like this one will be a great winner for you :))
what's your vision on it, where do you think you will actually get out?
sometimes its best to walk away with 75k then to dream of a 100 and then end up with 50 lol , which isn't bad also
for - @Stockmaniac55
OIL and Gas Index: Close to a bounce? IF this count is correct we could be at a temporary or even possibly a long term bottom. I have two "B " , if the 2nd one (B?) is the correct one then may have more drop to the .84 retreat. Must watch the price action the next couple of weeks for comfirmation. Process you way.
Have a great week.
VDE monthly - good time to long energyI would like to see a stronger RSI and a 6/10 MA crossover. But I am mostly certain the trend has turned up.
VDE weekly - trend changed - 4/22/2016VDE broke out strongly this week, ended its down trend and started its up trend. There will be pullbacks and can be buying opportunities.
VDE weekly - a small breakout - 3/14/2016MACD broke out, RSI rising channel formed. and price is breaking out of the channel. A pullback from here is reasonable but a continuing rising RSI may signal a strong breakout in coming weeks.
VDE - bottoming - 2/19/2016Comparing with 2008 bottom process, 2016 so far has similarly diverged RSI and MACD. This may indicate a bottom might be in. Will need breakout to confirm.
VDE update - pullback from resistance - 4/17/2015Pulled backed logically from red resistance. Nothing is concerning at this point. We will what it brings next week. 10 MA, RSI and MACD all healthy. Will be concerned if pink line and 10 MA gets taken out.
VDE update - energy may have bottomed - 3/22/2015Still a little early to call, but past bottom triangle patterns strongly suggest the chance is good. To confirm, we want the red resistances to be cleared. MACD has already been in the positive zone.
VDE update - 10/24/2014VDE bounced of blue support line from 2009. Meanwhile DXY (dollar index) is facing red resistances.
VDE - can it turn around?Financial media began to talk about market bottom, and recent Fed comment is dovish. Energy stock has been hit among the hardest and sit on support line right now. Can it turn around soon? No idea yet but deserve close attention.
Assets that performed well during first half of 2007 bear marketEnergy (VDE), material (VAW), commodities (DJP), inflation protection (TIP), gold (GLD) and bond (TLT).
I am not certain why (probably because of weaker dollar, as shown on the chart), given this, current dollar and rate on their monthly charts are indeed very weak so can these assets perform well during first half of next bear market? Only time can tell. Good Luck!
