Technical Analysis of STOCKS & COMMODITIES
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ARTICLE SYNOPSIS...Despite a long-term uptrend, Schlumberger is trading near resistance from its January high, and waning momentum suggests that a pullback is in order.
ARTICLE SYNOPSIS...An overextended price chart and overbought momentum oscillator suggest the Spain iShares exchange traded fund is vulnerable to a correction.
ARTICLE SYNOPSIS...XLU is undergoing a pullback rally in a highly bearish trend. The size of candlesticks along with the indicators on the chart of the stock will help identify the strength in the rally.