Interpret the trend lines and channel however you'd like. The money ain't in shorting the energy sector - it's in buying it cheap. I pray we see a correction down to the .618. A correction into .618 would be highly symmetrical and an incredible buying opportunity.
Note
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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.