Energy Sector Showing Inverted Head and Shoulders

Long

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)

Aggiornato

AMEX:XLE SPDR Select Sector Fund - Energy Select Sector

Trend Analysis Chart Patterns Beyond Technical Analysis marketalpha watchlist Stocks LONG calls puts SPDR S&P 500 ETF (SPY) sectors

trendanalysis chartpattern beyondta marketalpha watchlist stocks long calls puts spy sectors

XLE

Scanning through the sectors I noticed something quite clear, an inverted head and shoulders with a possible retest playing out. This is supported by the laguerre rsi below. I'm expecting prices for XLE to go higher and potentially confirm a megaphone pattern.

Commento:

This would have been a good trade

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.