XLE/SPY Relative ratio long term, now at 2008 levels, still looks good on short term daily charts
Transaction en cours:
still active
Transaction en cours:
active
Commentaire:
On relative basis Energy can still outperform the SPY, but it seems that most of the "steep" relative outperformance of this year is done and will not be repeated in 2023.
Transaction en cours:
Continues, energy still outperforming broader SPX
Transaction en cours