Risky Short: Double Top on $XLE
Energy is a volatile sector, nonetheless, from a TA standpoint, a quick short seems promising. (Not FA)
Typical oil rallies against DXY. Seeing that DXY just broke its yearly parabolic run, this id definitely a bet of an anomaly.
China opening up the Covid lock-downs also plays as a head wind to keep in mind.
PT: 85, 80, 70.
Typical oil rallies against DXY. Seeing that DXY just broke its yearly parabolic run, this id definitely a bet of an anomaly.
China opening up the Covid lock-downs also plays as a head wind to keep in mind.
PT: 85, 80, 70.
Joseph Oh
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Joseph Oh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.