Energy ETFs Shaping Up for a Run By Deron Wagner About this article: The past week's price action in the broad market was quite significant, as the major indices rallied to close above firmly above their 50-day moving averages (MA) for the first time in four months. This technical change is significant, because mutual funds, hedge funds and other institutions frequently use the 50-day MA as an indicator of overall intermediate-term trend. As such, the break of the 50-day MAs could trigger substantial bullish momentum in the short to intermediate term. Nevertheless, it's important to realize that current strength cannot yet be classified as anything other than a countertrend bounce within the context of the long-term downtrend of this nasty bear market. Regardless, it's prudent to take advantage of the market's strength while it lasts. The beaten-down energy ETFs have been forming constructive price patterns on their charts recently, and they appear poised to make a substantial upward run... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.