11:45 am EST: XLE has formed a positive divergence (+DIV) on the daily RSI and STO with respect to a small bull flag drop in closing price over the past week. The bull flag measures to about 71.50, which is near the 50-day SMA (72.36).
Archive for the ‘XLE’ Category
February 22nd, 2018: XLE (Energy Daily) Chart Update
Posted by pugsma on February 22, 2018
Posted in XLE | Tagged: XLE Technical Analysis | 2 Comments »
June 6th, 2017: XLE Chart Update
Posted by pugsma on June 6, 2017
XLE Daily Chart:
XLE Weekly Chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
May 2nd, 2017: XLE Chart Update
Posted by pugsma on May 2, 2017
12:25 pm EST: XLE has now retraced the entire post-election move up from 67.00 to 78.45. There is potential positive divergence (+DIV) on the daily chart MACD. It’s now or never for XLE at 67.0. If 67.0 holds and it breaks above 71.49, then it could test the 80.90 pivot. If 67.0 fails, then it’s likely headed back it’s back to revisit January 2016 low at 49.93.
XLE 60-min chart:
XLE daily chart:
XLE weeky chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
April 5th, 2017: XLE Chart Update
Posted by pugsma on April 5, 2017
XLE has a short-term Inverse Head and Shoulders (IHS) target of 73.68 (see 60-min chart) and a long-term IHS target of 89.41 (see daily chart).
XLE 60-min chart:
XLE daily chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
March 9th, 2017: XLE Chart Update
Posted by pugsma on March 9, 2017
XLE 60-min chart:
XLE daily chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
February 14th, 2017: XLE (Energy) Chart Update
Posted by pugsma on February 14, 2017
On the XLE 60-min chart there is a potential Short-Term (ST) Inverse Head and Shoulders (IHS) with a target of 76.63 with right shoulder now forming above the 72.0 area.
On the XLE daily chart there is a MACD bull-cross with a potential Long-Term (LT) Inverse Head and Shoulders (IHS) with a target of 93.95.
XLE 60-min chart:
XLE 4-hr chart:
XLE daily chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
February 8th, 2017: XLE Chart Update
Posted by pugsma on February 8, 2017
XLE price has reached a critical support area here at 70.65 if the Inverse Head and Shoulders (IHS) pattern is play out to significantly higher highs into the end of year 2017. XLE price has already bounced from 70.65 up to 71.85 turning positive for the day. Good chance that a daily bullish hammer candle will form on XLE, which often sets a key bottom.
XLE 60-min chart:
XLE 4-hr chart:
XLE daily chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
February 2nd, 2017: XLE Chart Update
Posted by pugsma on February 2, 2017
XLE price has reached the key area of the IHS neck-line of 71.94 and the daily chart up-channel trend-line.
XLE 4-hr chart:
XLE daily chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
January 30th, 2017: XLE Chart Update
Posted by pugsma on January 30, 2017
11:25 am EST: XLE price has reached the target area of 72.73 to 71.35, which is the confluence of the 50%/62% Fib retrace of the 67.00 to 78.45 move, the up-channel lower trend-line and the Inverse Head and Shoulders (IHS) neck-line (71.94).
XLE 4-hr chart:
XLE daily chart:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
January 23rd, 2017: XLE Chart Update
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:
Posted in Add-On Service, XLE | Tagged: XLE Technical Analysis | Leave a Comment »
