short term - this week, classic downward breakout gap and fill then exceeded the gap during re-bounce , very bullish signal, ROC reach short term retracement bull trend level. see touch resistance 39 - 39.5 (green or red line dont know which one). XLE hold up despite oil crashing down, translate to fundamental is still good this month for whole world.
i still short long term
i still short long term
Trade closed: target reached:
ok the momentum may continue for few more days, i think resistance (green line) will break eventually shoot up to 40
Comment:
holy shit, the momentum of eem is crazy, ready for parabolic curve to $41 to final resistenace