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SPDR Select Sector Fund - Energy Select Sector

XLE breaking down from Ascending Channel - global slowdown?

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XLE just broke down from its ascending channel, which might be signalling that the market is pricing in a global slowdown.

XLE also broke down from an ascending channel in '08 and '14. In the case of 2008, SPX crashed. But in 2014, SPX traded sideways/flat for a while
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Ascending ChannelChart PatternsEnergy CommoditiesTechnical IndicatorsQQQsandp500SPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisXLE

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Ascending ChannelChart PatternsEnergy CommoditiesTechnical IndicatorsQQQsandp500SPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisXLE
Huntz

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。