Wednesday, July 20, 2011

XLF Charts

Here are some Fibonacci lines for XLF. There might be some tough slogging ahead...

And here is a regression channel


Oil Retracements 7/20/2011

Here is a new oil chart based on the highs and lows of the year. There seems to be a good line around 99.32 that has acted as support and resistance for the last 2 months. There is apparently support around 90.50 on the down side!