Energy is kicking off a fresh leg higher. $XLE pic.twitter.com/sLxspXVD2F — Ian Culley (@IanCulley) October 6, 2022 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). Energy continues to be the only sector in positive territory this year, up a whopping +53% YTD. It’s been a choppy mess since June, but it’s reasserting its […]
Chart of the Day – Tuesday, August 23rd, 2022
Which is it? a) Breakout above a decade+ worth of resistance? b) Fading momentum into a *zone* with lots of price history$XLE pic.twitter.com/Iun9RNq9WF — Mike Singleton, CFA (@InvictusMacro) August 23, 2022 Today’s Chart of the Day was shared by Mike Singleton (@InvictusMacro). It’s a chart of the Energy sector ETF, $XLE, over the past 12 […]
Chart of the Day – Friday, June 17th, 2022
Bear markets typically leave no sector unscathed. Is energy staging a descent toward 200dma? pic.twitter.com/oqyQ2zHs3o — Mark Ungewitter (@mark_ungewitter) June 17, 2022 Today’s Chart of the Day was shared by Mark Ungewitter (@mark_ungewitter). The Energy Sector has been the only place to hide this year, however, this week was an entirely different story. It tumbled […]
Chart of the Day – Monday, May 16th, 2022
Yo, Charts – ‘Nuff said pic.twitter.com/SXUP9JDCeb — da Chart Life (@daChartLife) May 16, 2022 Today’s Chart of the Day was shared by John Roque (@daChartLife). It’s a ratio chart of the Energy sector vs. the Tech sector. The Energy sector continues to be the only place to hide, closing at multi-year highs on both an […]
Chart of the Day – Monday, April 18th, 2022
Energy vs. Tech $XLE vs. $XLK exceeded the March high on a closing basis; has not exceeded the intraday high yet (see smaller box). pic.twitter.com/1AkS537831 — Chris Ciovacco (@CiovaccoCapital) April 18, 2022 Today’s Chart of the Day was shared by Chris Ciovacco (@CiovaccoCapital). It’s a ratio chart of the Energy Sector vs. the Technology Sector […]