energy double bottom potentially spotted
Energy as measured in XLE could be creating a base and or accumulation support.
Energy is one of the worst performing sectors this years. there is still serious risk while oil prices remain pressured lower and could still get worse for energy if we see further decline.
disclosure: I am long using long term deep in the money options 9-12 months out.
Energy is one of the worst performing sectors this years. there is still serious risk while oil prices remain pressured lower and could still get worse for energy if we see further decline.
disclosure: I am long using long term deep in the money options 9-12 months out.