AMEX:XOP SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF
These boxes illustrate where each player is headed, and has to fill, gaps, etc. They are all too aligned not to be filled as a group. Then how do you trade this? Or what can anyone do to stop it each from filling the box? Anyone have a suggestion for that? If oil dips yet again, maybe, but the world knows now the GDP growth ratios are suspect at best. And if there is no more bad news maybe we stay range bound in the boxes for a little while.