AMEX:XOP   SPDR S&P Oil & Gas Explor & Product
1
For oil to have legs, has to break out above medium red line then heavy red line. And based on ECB mtg results, if Euro heads down hard, Oil could go much, much lower, careful Oil bulls and believers, nothing certain ahead.
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.