SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
To join the Premium Service follow this link: PUG Premium Service Sign-up. You must agree to the Terms of Service (TOS) and make a payment via a credit card Buy Now link or check in the mail. I will then send you the password to view the premium content. If you have questions send an e-mail to: pug.sma.llc@gmail.com.
Posted by pugsma on January 23, 2017
12:30 pm EST: XLE is pulling back toward the 71.94 IHS neck-line for back-test of the break-out. This is also in the 50%/62% Fibonacci retrace area of 72.73/71.35. The lower up-trend channel line is also coming in around this same 71 to 72 area. The IHS target is 93.95, which is a potential 20.51 point (27.9% gain) from here at 73.44.
XLE 4-hr chart:
XLE daily chart:
This entry was posted on January 23, 2017 at 1:11 pm and is filed under Add-On Service, XLE. Tagged: XLE Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Sorry, the comment form is closed at this time.
You must be logged in to post a comment.