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XLE Breaking out with strong volume.
A good opportunity to test my new trend confirmation script
Snapshot

Energy has under performed this year. With the tensions on middle east, there is a bullish case for energy this year. It could reach as high as 99 before the end of this year.

possible distribution on the monthly chart

XLE Bear Flag on the weekly chart, Close on a weekly basis first target is the horizontal line.
Snapshot

XLE Within range!
Snapshot

XLE Trend line fake out, best moves come from failed moves.
Snapshot

XLE weakness on Short term time frame XLE XOM COP
Snapshot

XLE ...so where is this going?

A Breakdown under 82 seems like it would have a LOT of room to go down to ~70
Snapshot

will Us IRS 10% withholding tax for PTP affect me after Dec 31, 2022/