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Astatine
May 2, 2018 5:50 PM

XOP bear coming soon Short

SPDR S&P Oil & Gas Explor & ProductArca

Description

Looking for first teal line to spell stong resistance for xop. Looking for solid downside -- to red line

Comment

Expect up to reach 43 region first however

Comment

At 43 region now, might head to 46 region, so waiting patiently. It looks very strong at the moment

Comment

Very nice reaction at the resistance at 44. This could be it. Added to positions

Comment

looking for a path like so:
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