XLE/SPY Relative ratio long term, now at 2008 levels, still looks good on short term daily charts
Trade attivo:
still active
Trade attivo:
active
Commento:
On relative basis Energy can still outperform the SPY, but it seems that most of the "steep" relative outperformance of this year is done and will not be repeated in 2023.
Trade attivo:
Continues, energy still outperforming broader SPX
Trade attivo