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 | Comments Off on January 30th, 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 | Comments Off on January 23rd, 2017: XLE Chart Update
Posted by pugsma on December 22, 2016
1:45 pm EST: XLE is in a short-term up channel 60-min chart with a target near 81.83. Also, XLE has an intermediate term up channel with Inverse Head and Shoulders (IHS) target at 93.95.
XLE 60-min chart:
XLE daily chart:
Posted in XLE | Tagged: XLE Technical Analysis | Comments Off on December 22nd, 2016: XLE Chart Update
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