PREPARING FOR THE LATE APRIL /EARLY MAY 2012 USO ALERT
See Blog: Current USO ETF Trader's Edge EasyGuideChart By ProtectVEST And AdvanceVEST, EchoVectorVEST, MDPP
Apr 28, 2012 3:35 PM |
About stocks: USO ETF
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A Current USO ETF EchoVector And EchoBackDate Price Analysis:
Is Seasonal Price History Unfolding Again?
Apr 29, 2012 2:35 PM
Current USO ETF Trader's Edge EasyGuideChart By ProtectVEST And AdvanceVEST, EchoVectorVEST, MDPP
There has been a tremendous amount of interest and much media attention given to the energy markets recently, particularly to to the market prices of crude oil and gasoline. The 'seasonal' February through April price strength period has manifested itself yet once again this year with vigor.
Provided below is an excellent graphical illustration of this year's price seasonality, and much more. Provided also is a significant graphical illustration of the many regular annual price 'ebbs and flows' experienced in the USO ETF the last several years.
A close examination of the chart below can significantly aid the portfolio manager and the trader in the management of their market position analysis and responsibilities and their resasonable forecasts in the USO ETF, and related ETF's, and commodity futures, and indexes with an emphasis on seasonal and historical conditions and historical price patterns... and echovectors.
Key notes of interest and suggestive analysis are presented below the chart.
ProtectVEST and AdvanceVEST by EchoVectorVEST
Divisions of Motion Dynamics and Precision Pivots
Bradford Market Research and Analytics
"We're keeping watch for you!"
USO ETF
Trader's Edge Master EasyGuideChart
4-Year Weekly OHLC Chart
With Key Active Annual EchoVectors And Annual EchoBackWeeks's Highlighted:
EchoBackWeeks
EchoBackDates
EchoBackPoints
EchoBackPeriods, and
EchoVectors
See and enlarge chart located at websites hightlighted in gold above:
1. Be aware of month 4 in the Annual and Bi-Annual Cycles
2. Note first 3 weeks of month 5.
3. Note the 'price level low' of the first week of May, and how it proves to be 'around the top or close to the sell-down price level,' which occurs at end of July and the beginning of August's 'mid-2nd-to-3rd week's summer top.'
4. Be aware of momentum reversal at the end of September and the beginning of October, following the downside price consolidation.
5. Be aware of 'the about one Quarter's earlier in time' momentum bottom occuring at the end of June/early July. Note that the reversal is good for price updraft for the first month, of three subsequent months (up-down completing in October) and failing (beginning down around the beginning of August. This forms a cone with June/July and Sept/Oct bottoms with an August 'pointed top'.
6. In our view, these are significant seasonal relative strength reversal periods and indicators. EchoVectors and EchoVector EchoBackDates are significant in the analysis, forecast, and current price and price level measurements here.
7. Note the importance of week 6 low and the week 9 high, and sell-off from week 9 to week 11, in the Winter EchoVector Quarter (following the prior fall and summer quarterly weekly High and Low weekly momentum pattern deltas, withinin a quarterly and bi-quarterly echovector and echobackvector analysis, focusing on key EchoBackWeek highs and lows.
Within your own working analytic frame, re-topologize the 3 -Year OHLC daily price action charts for further definition and precision revelation, and then re-topologize those further to 'hourly intra-day and further discrete price action for even further 'resolution and revelation'. Then overlay this data with regular announcement schedule information, special inventory and/or production announcement information occurances, and further with related macro-event impacting announcements... all for increased and even further definition, forecast, and management insight and effectiveness.
See www.EchoVectorVEST.Blogspot.com
www.echovectorvest.com
www.motiondynamicsandprecisionpivots.com
ProtectVEST and AdvanceVEST by EchoVectorVEST
Divisions of Motion Dynamics and Precision Pivots
Bradford Market Research and Analytics
"We're keeping watch for you!"
This article is tagged with: ETF Analysis