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ThinkingAntsOk

"XLE: expect a confirmation before going up" by ThinkingAntsOk

Long
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
ThinkingAntsOk  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Support and Resistance Trend Lines Multiple Time Frame Analysis XLE ETF etflong USA america eeuu
15
0
supportandresistance trendline mtfa xle etf etflong usa america eeuu
4H Chart Explanation:

- Price is on an important Weekly Support Zone. Price may bounce from here.
- To confirm the up move, wait for price to break the Descending Trendline.
- After that, we expect a Bullish Corrective Structure to trade it towards the Resistance Zone.

Weekly Vision:
snapshot

Daily Vision:
snapshot

Updates coming soon!
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