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coolingla
Jun 28, 2017 11:28 PM

The OIL Ascending Triangle Idea Reflected on Energy Shares XLE Long

SPDR Select Sector Fund - Energy Select SectorArca

Description

XLE clearly shows an Ascending Triangle pattern here, while the same pattern on OIL is a little messy to identify.

Comment

Here is the chart on OIL, which leads XLE by about 1 day.

Comments
TVarmageddon
I don't like how XLE behaved today. Breaking 64.3 - 64.4 is not going to be good
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