649bruno

XOP: Upward Momentum Slowing

Short
AMEX:XOP   SPDR S&P Oil & Gas Explor & Product
5
XOP-The-ETF-for oil and gas exploration, has most likely reached a short term top.
RSI has rolled over,
Phase energy is sagging (yet still positive),
The Alligator jaws are closing,
The Ichimoku Cloud has a red border.
Support is at the last swing (pivot) at $36.50.

Good luck to you. Don.

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