Energy flashing a buy signal (Technical Analysis) Long
SPDR Select Sector Fund - Energy Select SectorArca
Description
⋅ AMEX:XLE
NYMEX:CL1!
NYSE:XOMNYSE:AMPY
Energy stocks, crude oil, and the XLE energy ETF all flashing buy signals. $100 oil looks invitable.
From failed moves come fast moves, and oil/energy stocks failed an attempted breakdown below the neckline.
A few favorite long ideas: LPI, AMPY, XLE, CL1 (futures), XOM