$SPN S&P 500 Energy Index Blowoff top at multi-year resistance zone? Couldn’t tell you – but 585 is a great level to help manage risk. pic.twitter.com/hJxKypdNt6 — Shane C. Murphy (@murphycharts) March 9, 2022 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). It’s a daily candlestick of the Energy Sector over the […]
Chart of the Day – Monday, February 7th, 2022
$XOP Is it just a matter of time before we break out of a 3 month base? pic.twitter.com/Lx2UGyC5Yk — Sam McCallum ??????? (@honeystocks1) February 7, 2022 Today’s Chart of the Day was shared by Sam McCallum (@honeystocks1). It’s a daily candlestick chart of the Oil & Gas Exploration & Production ETF ($XOP). This is one […]
Chart of the Day – Thursday, January 13th, 2022
Energy / S&P 500 ratio nearing an important inflection point once again. Does it fail again or is the third time the charm? $XLE $SPY pic.twitter.com/krK8QXTelM — Matthew Timpane, CMT (@mtimpane) January 13, 2022 Today’s Chart of the Day was shared by Matthew Timpane (@mtimpane). It’s a ratio chart of the Energy Sector vs. the […]
Chart of the Day – Monday, October 4th, 2021
I'm not a proponent of buying at resistance. Chase it here if you like but risk > reward until $57 is cleared. When/if it is, I'm 100% on board. But not there yet.$XLE pic.twitter.com/pS2QSzeAjX — Drew Wells, CMT, CIMA® (@DrewTheCharts) October 4, 2021 Today’s Chart of the Day was shared by Drew Wells (@DrewTheCharts). It’s […]
Chart of the Day – Wednesday, July 7th, 2021
$XLE broke below its 50MA and $XLE : $SPY broke below its November uptrend pic.twitter.com/rU6UWF3AuZ — Bailey.Baxter2020 (@BBaxter2020) July 7, 2021 Today’s Chart of the Day was shared by Bailey Baxter (@BBaxter2020). It’s a chart of the Energy sector over the past year, on both an absolute (top) and relative (bottom) basis. The Energy sector has been […]