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Click on any chart to engorge it

Energy Stocks Bullish Sentiment Ready to Tumble?

Bullish sentiment on energy stocks has been steadily rising since last June.  The tightening Bollinger bands suggest a large change is very near.  The Amex Oil Index is approaching a key Fibonacci retracement level, which could also indicate an imminent turning point.  We're looking for short sale candidates in the oil patch.