SPDR S&P Oil & Gas Explor & Product

Short

XOP bear coming soon

Updated

Looking for first teal line to spell stong resistance for xop. Looking for solid downside -- to red line

Note

Expect up to reach 43 region first however

Note

At 43 region now, might head to 46 region, so waiting patiently. It looks very strong at the moment

Note

Very nice reaction at the resistance at 44. This could be it. Added to positions

Note

looking for a path like so:

snapshot

Also on:

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.