PAIRS TRADE: Short XLE, Go Long Crude Oil

284 2 1
Widest spread in 5 years in XLE             versus Crude Oil             (Cl1!-front month)-

Use this wide spread to leg into positions and set your sights on a big reversion in this wide spread.


9/2/2014 2:40PM EST
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
What is your projected price for XLE ? Does this graph suggest that XLE and crude oil each should change their direction 25% toward each other? If this is right so I see XLE be around 73 and crude oil 116.5. Please let me know what do you think. Thanks
timwest ZaloRostam
I project the price of XLE will move down MORE than Crude, to the tune of 25%. I think at least a 10% trade with a 5% risk parameter would make sense.

So, for a $100,000 account. Short $10,000 XLE, and go long $10,000 USO. This would risk $500 to make $1000.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out