"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •839 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,648.20 | -8.30 | -0.50% |
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WTI Crude •11 mins | 98.51 | +0.69 | +0.71% |
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Gasoline •14 mins | 3.133 | +0.015 | +0.49% |
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Ethanol •839 days | 2.161 | +0.000 | +0.00% |
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Silver •839 days | 30.82 | +1.16 | +3.92% |
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Silver • 839 days | 30.82 | +1.16 | +3.92% | |
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Copper • 839 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 109.22 | +0.43 | +0.40% | |
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Natural Gas • 11 mins | 2.860 | -0.103 | -3.48% | |
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Heating Oil • 11 mins | 4.915 | -0.010 | -0.20% |
More freeports open around the…
An economic slowdown in many…
The Economic Community of West…
Reason:
XLE has failed to carry out a thrust following a Triangle.
This failure has turned a bullish pattern into a bearish one with a potential Double Top, which has a theoretical target at 83.74.
I don't have an entry price yet so I will see how price behaves today. Ideally I would go short on a rebound towards the 10 dma.
I will use $ERY (Energy Sector Bear 3 x ETF).
If the reversal pattern pans out the gap at 22.30 could be filled.
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