TECK now bear market,OEX last 4 months bear and MBB points up

teck, the leading coal producer, now shows future energy demand falling.

-18% off high price in September.

12 week has crossed the 100 week. 100 week slope leveled.

OEX now back to 12wkma…getting ready for next down move.

Long term slope down -3.6 OR -1.4 points per month.

MBB has nice 5wk uptrend

This entry was posted in Uncategorized. Bookmark the permalink.