Nothing yet, maybe consolidating to form a base, maybe more to fall. Will consider buy only after RED resistance is taken.
VDE bounced of blue support line from 2009. Meanwhile DXY (dollar index) is facing red resistances.
Financial media began to talk about market bottom, and recent Fed comment is dovish. Energy stock has been hit among the hardest and sit on support line right now. Can it turn around soon? No idea yet but deserve close attention.
Energy (VDE), material (VAW), commodities (DJP), inflation protection (TIP), gold (GLD) and bond (TLT). I am not certain why (probably because of weaker dollar, as shown on the chart), given this, current dollar and rate on their monthly charts are indeed very weak so can these assets perform well during first half of next bear market? Only time can tell. Good Luck!