energy is another sector looking for a higher low (XLE)
energy bullishness is another sector rotation play that makes me think were in a better place than some seem to believe. i think we will experience additional bolatility for the time being, but so will the markets at large. we should keep a decent uptrend, unless the pullback proves more retracement than risk tolerance for outflows can support.
the long and short of it is thag bulls have given themselves room to work with, even if we go sideways for a while.
the long and short of it is thag bulls have given themselves room to work with, even if we go sideways for a while.
Trade closed: target reached
getting out of energy
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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.