Tuesday, August 25, 2009

OIL vs GAS

Following a suggestion of a good friend, here we can see the OIL / NATURAL GAS ratio.
It interesting to notice the bearish divergences in this ratio (full stochastics), and therefore, we can expect a possible rebound in the index. This mean that, in the near future, the probability of Natural Gas outperforming OIL is very high.
In addition, I suggest to look the long term situation of the Natural gas (here), which is struggling with a support @ USD 2.71.
Time for a reversal in Natural Gas? A big drop coming in Oil?. As it always happen, time will tell.

4 comments:

  1. ROSARINO SOY WARREN JR, TE CUENTO QUE POR LO QUE VENGO LEYENDO PIENSO QUE SE DEBE DAR UN REBOTE. HOY ENTRE AL ABRIR EL MERCADO EN UNG TUVE QUE PAGAR UN GAP DE 2% PERO TEMIA QUE SE IBA A ESCAPAR LA COTIZACION. SI LE ENTRAS SUERTE!

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  2. Hola Warren! Gracias! Yo estoy mirando de afuera, esperando el cambio de tendencia que aun es bajista. Pero lo tengo en la watchlist!

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