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sanego2000
Jun 27, 2017 6:34 PM

Long XLE .... positive RSI divergence Long

SPDR Select Sector Fund - Energy Select SectorArca

Description

Long XLE .... positive RSI divergence

Trade active

Breakout confirmed ...more upside to come

Trade active

Comment

Trade active

Comments
lantao517
Hi sanego2000, hope find you well.
I know you posted this chart in the 1st half trading time yesterday when XLE breakout $66, however things seems to change remarkably after that, XLE fell to below $66 with large trading volume. Do you think investors walked away from long?
Although WTI/Brent show significant consecutive rising, XLE was relative weak, and it failed to close above 20 DMA and the trading volume was increased by 30%, seems like long gave up and walked away, things are not good, do you have some update on it? shall we leave now?
sanego2000
@lantao517, I think we will go up....I am holding on with 64.00 SL
sanego2000
lantao517
hope find you well.
I know you posted this chart in the 1st half trading time yesterday when XLE breakout $66, however things seems to change remarkably after that, XLE fell to below $66 with large trading volume. Do you think investors walked away from long?
Although WTI/Brent show significant consecutive rising, XLE was relative weak, and it failed to close above 20 DMA and the trading volume was increased by 30%, seems like long gave up and walked away, things are not good, do you have some update on it? shall we leave now? @sanego2000,
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