Appears Energy index is going to take a pause hence for very short term view is sideways to bearish. Bearish -Ve divergence is clearly spotted and that will come in play soon. Hence good to wait before initiating Buy trades from energy index. Keep eyes !!!
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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.