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December 22nd, 2017: ERX (Energy) Weekly Chart Update

Posted by pugsma on December 22, 2017

12:05 pm EST:  Back on March 8th, 2016 I showed a potential bullish falling wedge on ERX with a target in the area of 60 to 72.    Today, December 22nd, 2017 I have updated the ERX weekly chart and the target remains in the 53 to 72 area.  It’s looking like an A-B-C correction to at least the C=A target at 53.

ERX Weekly Chart 3-8-16:

ERX Weekly Chart 12-22-17:

ERX Technical Analysis

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