Analyzing Trendlines: XLE Energy ETF's Critical Resistance Level

Photo by Timothy Newman on Unsplash

If you think trendlines matter, I suggest you look at the energy ETF symbol XLE, which has rallied to precisely the resistance side of its broken trendline.


More By This Author:

Egg-Citing Investment: Cal-Maine Foods Chart Analysis
The S&P 500 Ratio: Mega-Caps Masking Market Realities
Tech Insania

I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.