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SVTPremium
Feb 2, 2024 12:37 PM

XLE 1D TW Long

SPDR Select Sector Fund - Energy Select SectorArca

Description

Energy index is a short-term sell with a longer-term buy signal on harmonics. SSTIS is a short-term sell with a longer-term buy signal and a clear fake bear. 2D MV chart is a short-term buy with no long-term confirmation yet and we can see an initial MVO bull surge signal there. SVT will add to its energy long bet up to 80% as position is still below V-MA but very close to be at V-MA. 2D MV fakeout chart for energy index is a fake bull, so we can expect some pullback here, but the main direction is the bull side.
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