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UnknownUnicorn58434

XLE Butterfly Pattern + Rising Wedge

Short
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
UnknownUnicorn58434  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
1
0
Weekly Chart

There is a nice Butterfly Pattern combined with a rising wedge,

price action seems to have a bearish reaction,

Volumes seem to decrease,

Stop-Loss juste above the recent high,

Target @ a strong support,



Have a good trading,

Benaki66
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