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This Past Week In Energy

By Jack Chan at www.simplyprofits.org
February 14, 2017


Energy/oil sector is on major buy signal.

OIH is one of a few ETFs we are holding for long term gains.
Prices dipped into our buy zone in Nov, and again this past week.

Our trading model identifies the buy zones in a bull market.

This sector gave us a major buy signal in 2016, and prices are now in our buy zone.

Summary
Long term - on major buy signal.
Short term - in our buy zone.
Holding OIH, XLE, and XEG.to for long term gains.

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and gold sector.

End of update

February 14, 2017
Jack Chan
website: www.simplyprofits.org