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XLE XES Bearish Pattern in Play (Bearish)
SPDR Select Sector Fund - Energy Select Sector
Short
XLE XES Bearish Pattern in Play (Bearish)
By trade0039
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May 16, 2022
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May 16, 2022
Clearly there is a Bearish Divergence on XLE and XES on RSI and PPO
On Weekly time frame as well, there is negative divergence
Risk to Reward clearly favors Short Opportunity
BOIL
Chart Patterns
Crude Oil Futures WTI (CL1!)
DRIP
gush
Technical Indicators
KOLD
Natural Gas
Trend Analysis
UNG
XES
XLE
trade0039
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