SPDR Oil and Gas Equipment ETF Long Postion initiated near all time low with a Risk/Reward of 3 and great chances of success. The ETF is near 2009 lows, this is difficult to believe even with today's low Oil prices the sector is much further than it was 10 years ago!
Note
Position is still intact despite the Stop Loss was almost touched on 18.08.2017. Still in the game.
Beyond Technical AnalysisETFTechnical IndicatorsoilpricesoiltradingTrend Analysis

Related publications

Disclaimer