ENCC update
I find cycles fascinating. For instance, a lot of stocks/etfs/indexes I follow fall into a 7 day cycle as a small time frame cycle. ENCC I find has a roughly 10 day cycle, and for some reason it is far easier to spot than the longer term 40-50 day cycle.
Below are the 10 day cycle lows I have been tracking, and it looks like we may have just printed one. I would say it is also the first one in a new 40-50 day cycle, and very right translated. All this means, your favourite oil/gas stock may be a good buy right now.
Thanks once again, Gus. Your posts are most helpful!
Agree….following with interest… 8% interest 🙂