mtraderz

XOP bearish

Short
mtraderz Updated   
AMEX:XOP   SPDR S&P Oil & Gas Explor & Product
Head and shoulders pattern in progress
Comment:
entry: 42.4
target 1: 38.8
target 2: 37
S/L: 43.3
Comment:
If Trump imposes tariffs on imported oil or if the Fed decides to buy in ETFs, trade idea won't be valid anymore.
Trade closed: stop reached
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