AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
gap at $50 and gap at $42 are the first things to notice.
However, there is support going down so it's not like we should expect those prices quickly, but it's good to take note as trends start to break.

support (blue lines) heading down priced.
I do think we hit a top right around $78-$76, and will return to around $72-$74 after it drops a bit before seeing another sell off. I'd start looking for entry on the confirmation.

I could see this settling around $50 (see green trends.

FREE DISCORD
discord.gg/kFndmqab9y

Cashapp: $nicktussing
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.

Cashapp enters my YOLO account.
Venmo gets donated to the local Animal Shelter.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.