This time no EW counts. I am digging and dusting off my old XOM H&S chart. With oil not being able to even bounce I think the time has come for a big short on XOM. Usually, XOM weathers low oil prices pretty well, better than others. But now the chart suggests something ugly may happen to XOM.
➡️t.me/charta_energeia — regular Elliott Wave and trend analysis on Oil, Gas, and Crypto.
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➡️t.me/charta_energeia — regular Elliott Wave and trend analysis on Oil, Gas, and Crypto.
Related publications
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.