Equity Oracle: 11/15/12


The Oil Sector is looking a little oversold right now as we reach for a role reversal support level around the $36 area. The drop in trading volume suggests to me that the selling pressure is easing up a bit. When you see that happen at a major support level the buyers start to pay attention and often you will see a pivot point start to form.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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