Priced formed a falling wedge and bounced off 200sma this week.. currently right below 20sma at 113. strong long over 113 with a target back up to 120. If XOM breaks back over 120 your summer road trips will become a lot more expensive
istantanea


Also energy sector XLE showing identical price action with a wedge and bounce off 200sma
istantanea


Energy should run high throughout July
Trend Analysis

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