estmcmxciv

$XLE - Energy sector looking for a jump?

Long
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
1
Perfect triangle formation in the making of $XLE
Breaking strong resistance today. Would be perfect if it closes above resistance.
If it does not jump tomorrow I'm going to look for lower entries.

Entry: 58.50
Target: 63.00
S/L: 53.80 (Gradually bringing it up as the trade goes)


If it goes under entry, will try to get some more shares at 56.00

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.