Inizia
m3rr0r

Energy stocks have topped... For Now

Short
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
m3rr0r  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Chart Patterns Technical Indicators Wave Analysis XLE xleshort xlelong Oil SPDR S&P 500 ETF (SPY) sp500index SPX (S&P 500 Index) S&P 500 (SPX500) Energy Commodities
3
0
chartpattern indicator waveanalysis xle xleshort xlelong oil spy sp500index spx spx500 energy
Following the recent oil selloff the XLE sector is now pulling back. With a clear divergence in the RSI with the 3 recent price tops, it seems like the XLE has completed 5 waves up. Following that is a 3 wave correction as a flat and is now preparing to finish the last leg of it, before exploding higher sometime next year.
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.