Weakness in Energy Sector

Short

SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF (AMEX:XES)

Aggiornato

AMEX:XES SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF

$XES is an oil services ETF that is equally weighted with small caps as well as large caps (unlike $OIH, which is overweight in large caps). Thus the head and shoulders breakdown may provide a laggard short.

Commento:

Never mind lol

Commento:

There is a ton of strength in oil services, the head and shoulders confirmed but has already reached its target.

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