Just a quick update for this very important ratio...
Bullish: note the 50/ 200 MA crossover on the weekly chart, this crossovers doesn’t happen too often. PPO is bearish but above zero, RSI at 50. Short term might drop some but going higher. Minimum target = 15, 18 month time frame.
Related:
Previous gold / oil ratio charts
Previous crude oil charts
Thursday, April 12, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment