XLE at resistance
Here is how I see the XLE (Energy Shares ETF) for the next few months. I view this rally as a test of resistance and a place to begin shorting on a scale from 70-72-74 with a 76 stop. I view 64-62-60 as key support as shown on the graph. I believe that going long makes sense once the entire short position is covered. I will update and keep you all posted as this trade progresses. By: Technical Tim, Tues, 10:24AM EST 69.92 last.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.