"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •10 mins | 2,325.30 | -13.10 | -0.56% |
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Platinum •10 mins | 910.10 | -5.70 | -0.62% |
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WTI Crude •10 mins | 82.90 | +0.09 | +0.11% |
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Gasoline •16 mins | 2.744 | +0.010 | +0.35% |
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Ethanol •7 hours | 2.161 | +0.000 | +0.00% |
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Silver •10 mins | 27.10 | -0.25 | -0.90% |
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Silver • 10 mins | 27.10 | -0.25 | -0.90% | |
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Copper • 10 mins | 4.480 | -0.007 | -0.14% | |
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Brent Crude • 11 mins | 88.15 | +0.13 | +0.15% | |
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Natural Gas • 10 mins | 1.651 | -0.002 | -0.12% | |
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Heating Oil • 50 mins | 2.558 | +0.008 | +0.30% |
This aging bull market may…
During the quarter there were…
Forever 21 filed for Chapter…
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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