SPDR energy sector double bottom and upside divergence
XLE has a good double bottom and modest upside divergence. grabbing some oct 11 57.5 calls at 41c
Note
faded late if we go below our 50% protection will take our monies and wait for another dayNote
closed out at .25c left a couple to fend for themselves, 40% loss live to fight another dayNote
sold the second half at .61 av so a wash break evenish on this trade
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.
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.