SPDR S&P Oil & Gas Explor & Product
Short
Updated

XOP bear coming soon

193
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

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