This Sleepy Industry Could Begin to Out-Perform

2013-04-22 · by Brandon J. Ferro · in Companies, Equities, Ratios, Sectors, Spread Trade, SPX, Technical Analysis

The ratio of the DJ Electricity Index vs. SPX is plotted below. The ratio appears to have broken out from a bullish descending wedge pattern last week. A similar pattern formed b/t 2000-2004. When it completed and broke out, the…

Member only content: Login to view or Register

← Isn’t the USD Supposed to Drive PMs?

What to Make of the Recent Decline in Euro Financials? →