Aug 15

PBW (Powershares Clean Energy ETF) Ends Corrective Process

My near- and intermediate-term technical work on the PBW (Powershares Clean Energy ETF) argues strongly that PBW ended its major corrective process yesterday at 16.52 -- or after a decline of 32% off its May peak at 24.08....

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Mike Paulenoff is author of www.MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. Sign up for a Free 15-day Trial!