Gweilo

XLE Another Short Contender

Short
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
XLE Similar pattern as SPY just at a steeper angle.
Has more downside than SPY.
Another solid contender for put options off of the pattern backtest.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.