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SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF
Short
Updated

Weakness in Energy Sector

32
XES is an oil services ETF that is equally weighted with small caps as well as large caps (unlike OIH, which is overweight in large caps). Thus the head and shoulders breakdown may provide a laggard short.
Note
Never mind lol
Note
There is a ton of strength in oil services, the head and shoulders confirmed but has already reached its target.
sdeutsch95
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Chart PatternsOilTrend Analysis

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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.
Chart PatternsOilTrend Analysis
sdeutsch95
Also on:

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.