Hello fellow traders. In this technical article we’re going to take a quick look at the weekly Elliott Wave charts of SPDR Energy ETF (XLE) , published in members area of the website. As many of our...
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Energy ETF ($XLE). The decline from 5.31.2024 high at $93.45 unfolded as 5 waves impulse. So,...
Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Energy Select Sector ($XLE). The rally from 1.18.2024 low at $78.98 unfolded as 5 waves impulse....
Within our Group 3 journal we have been calling to go long on XLE as it was due to enter our wave 2 box – which it did yesterday. Before we formed our blue box, we saw...
Another blog on a great looking Energy producer. Yes, this sector has been under a strong bearish trend. But, there are some names that have better structures than others. Penn Virginia Corp chart has a great technical...
Energy producers. It is a sector that has been in a strong bearish trend since the June peak. But there are some companies that have better structures than others. Matador Resources is one of those companies that...
In this technical blog, we are going to take a look at the past performance of XLE 1-Hour Elliott wave Charts that we presented to our members. In which, the decline from 4/23/2019 peak took place as...
XLE Topping Soon Taking a look at the recent Elliott wave structure in XLE suggests a top may be near. Starting from the 12/24/18 low at $53.25 the energy ETF shows a 5 wave impulse in wave...
In this technical blog, we are going to take a look at the past performance of XLE Elliott Wave 1-Hour Charts that we presented to our members. In which, the cycle from 12/24/2018 low took place as...
OIL short-term Elliott Wave view suggests that the decline to $63.59 on 6/18/2018 low ended primary wave ((4)) pullback. Above from there, the instrument has rallied to new highs already. And confirming the next extension higher taking place in...