It seems like the Energy sector ETF
XLE is making an ascending bearish wedge.
It's showing lots of resistance around the $82.9 area and hasn't be able to close above it for the past ~2weeks.
I wouldn't be surprised if it has a fake breakout to the upside before eventually falling back inside the wedge.
Keep an eye out for a break to the down side as the measured objective would be around the $64.7 area.
I'm neutral for the time being but keeping a close eye on this for a bearish reversal.
It's showing lots of resistance around the $82.9 area and hasn't be able to close above it for the past ~2weeks.
I wouldn't be surprised if it has a fake breakout to the upside before eventually falling back inside the wedge.
Keep an eye out for a break to the down side as the measured objective would be around the $64.7 area.
I'm neutral for the time being but keeping a close eye on this for a bearish reversal.
註釋
We're back inside the wedge after the false breakout to the upside.Keep an eye out for a break lower.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。