AMEX:XOP SPDR S&P OIL & GAS EXPLORATION & PRODUCTION ETF
we are right at the edge of the near term truth. Do we leave the box and start another ABC pattern, or do we bounce yet again off the box's bottom trend line? My guess is another ABC, with the market looking toppy and the price of oil looking downward, with demand slowing after the summer peak and inventories again full. And has plenty of room to run lower, yellow circle. Best of fortunes to everyone.