NYSE:XOI   NYSE ARCA OIL AND GAS INDEX
SVT made a decent profit on its oil and energy shorts. The energy stocks reached their primary and secondary targets last week.  Harmonics is a confirmed sell and signals further 3-5 trading days until the primary bull node. SSTIS is a confrimed sell with a bear surge signal, 2D MV  chart is a confrimed sell with an MVO bear surge signal. Position of XOI is full candle below V-MA meaning general bear market on energy stocks. We need to monitor energy stocks as they indicate the real economical situation of US. SVT will rise its short position from 60% to 100%. 

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