SPDR SERIES TRUST

XOP NYSE ARCA & MKT

Antikythera_Mechanism

First of all, excuse the typo in the graph. I said vector CD ratio when I meant AD. Anyway. I used the closing values for point 3 and point 4 to calculate my positive and negative linear slopes. It would seem that the Xop downtrend bottom has been acquired. Although, using point 3's absolute low gives a value of about 37 at point 5 which could be reached next...

LetsBeMillionaire

record DRAW in oil inventory today. but oil went down with less demand forecast.

lauralea

Long entry at or over entry level with an uptrend Possible T2 93.05 to 107 Top 10 Holdings DVN - Devon Energy Corp3.86% FANG - Diamondback Energy Inc3.72% PE - Parsley Energy Inc A3.68% COP - ConocoPhillips3.63% OXY - Occidental Petroleum Corp3.58% CXO - Concho Resources Inc3.56% COG - Cabot Oil & Gas Corp Class A3.48% HES - Hess Corp3.46% MPC - Marathon...

Antikythera_Mechanism

A cup and handle has formed on the hourly chart. As price struggles to find direction, it will either break out or fall to the old support and get squeezed into a breakout to the upside. If price breaks above the trendline and holds at or around any of these points, entry positions can be made and held until the conservative target price of +7.23 is reached.

Antikythera_Mechanism

I'm hoping the graph speaks for itself. I will update with the reasons behind this analysis, if you have questions.

Antikythera_Mechanism

If XOP's support at the bold red line holds, then there will be a breakout to the upside any time from tomorrow to next Monday. If XOP's support at the bold red line breaks, then there will be a breakout to the upside around 12 - 14 days from now. Furthermore, a breakout to the upside could lead an incoming rally with a golden cross in about half a month to a...

PlanTradePlanMM

Daily demand Zone FIB# 0.618 Entry: 47.5 Stop: 44; Target: 70; reward:risk=6:1 I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate. This is my 101th active trade in tradingview ideas. Overall, I created 7 scripts, 15 analysis...

Benji

Placing an in-the-money covered call on XOP here, as the price is falling. +100 shares of XOP @ $43.07 -1 Nov 20 short $43 call @ $6.83. DTE: 73 Ext: $2.80 Breakeven: $40.20 (14.5%) Div: $1.35 (2.9%) Ext ROC: 6% ($2.8/$43.07) Ann. 29.8%

TheThirdHeat

Head and Shoulder forming with bearish retractions hitting the .5-.61 "Golden Zone".

LetsBeMillionaire

for sure not going down much from here. if goes, thats blessings.

tdrake2139

Breakout may be coming tomorrow.

LetsBeMillionaire

time to go long...

PlanTradePlanMM

Daily demand Zone was Confirmed Trendline Break, and re-test Entry: 50 Stop: 44; Target: 75; risk/reward=1:4 I am not a Pro trader. I need few months to work on rule based trading strategies. If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate consistently.

ItsBones

Appears to be trying to roll up after losing primary channel (blue). Generally bearish bias, with MACD bearish and RSI bearish as well. Short term potential for a wedge breakout, rolling up into a volume shelf at the 52-53 level which could act as resistance, as well as previous support lost at 54.50 which would also act as resistance. Like to see these...

ConnectTheDotsTrading

XOP Oil & Gas Production long term down trend was confirmed on 06-12-2020. This technical analysis was conducted using Swing•Genie Cycles on a 2-day chart. Price is currently under several down gaps (red fill), Fibonacci 0.5, and 200 SMA (blue falling line), which will act as resistance to price moving higher. Support is provided by Fibonacci 0.382, Volume Point...

UnknownUnicorn634428

When it breaks 80, it's off to the races.

mikezaccardi

Will the polarity principal hold?

mikezaccardi

XOP has been on fire, pulling back today