Relative strength investors generally believe that the trend of outperformance ... market is overbought or oversold. In technical analysis, a horizontal line represents a price chart to note ...

is a complex technical analysis tool that provides a broad view of the market, including trend direction, momentum and support and resistance. It consists of five components: Conversion Line ...

Since the first week in March we see WTI and Brent moving up. Price action has just reached and bounced off the upper trend line so another opportunity might occur at the lower trend line or support.