Stocks on the UK bourse ended in the red yesterday, extending losses for the third consecutive day, with the benchmark FTSE 100 index on the London Stock Exchange plunging 1.05% or 77.48 points. bearish may be limited to the support area before a rebound.
@TORNADOF5, I don't trade XLE, but, XLE has a correlation in the same direction as usoil. so you can take the same direction as usoil. I'll share the latest analysis for usoil next week.