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m3rr0r

Energy stocks have topped... For Now

Satış
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
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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.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.