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XLE Head and Shoulders Top?
SPDR Select Sector Fund - Energy Select Sector
Short
XLE Head and Shoulders Top?
By TechnicallyCorrect
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Jul 14, 2021
3
Jul 14, 2021
XLE
has formed a head and shoulders top. It broke the neckline on July 7 and today it failed again after retesting the neckline.
Looks like a good shorting opportunity.
Bearish Patterns
Chart Patterns
head_and_shoulder
Head and Shoulders
neckline
short
Trend Analysis
XLE
TechnicallyCorrect
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