Friday, January 27, 2017

01/20/17 #Heatingoil Chart $UHN

Heating Oil Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Heating Oil's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the COT Matrix and Review of Heating Oil for subscribers.

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