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SELECT SECTOR SPDR TRUST forum

question - is this a bear flag?

Eight OPEC+ countries agreed on Thursday to advance their plan for oil output hikes by increasing oil output by 411,000 barrels per day in May, an unexpected decision that prompted oil prices to extend earlier losses.

reuters.com/markets/commodities/opec-advance-oil-output-hike-plan-with-bigger-may-boost-2025-04-03/

quickshiftinn

What do you think those planned OPEC+ hikes will do for tonight?

quickshiftinn

2025 Q1 sector analysis. is the top performer, the loser by far. Mean reversion trade: fade energy, get long tech 🔥tradingview.com/x/YajyAgET

quickshiftinn

goodbye kiss setup 👋😙tradingview.com/x/lTthv54X

quickshiftinn

crazy bear trap at the end of Dec, but it looks like the new ATH I've been forecasting since early last year could very well materialize!

quickshiftinn

US market is taking share from OPEC+, I think that's why XLE is/can climb to new highs through lower oil prices.

oilprice-com.cdn.ampproject.org/v/s/oilprice.com/Energy/Crude-Oil/OPEC-May-Be-Facing-Long-Term-Production-Cuts.amp.html?amp_gsa=1&amp_js_v=a9&usqp=mq331AQGsAEggAID

oilprice-com.cdn.ampproject.org/v/s/oilprice.com/Latest-Energy-News/World-News/US-Oil-Output-Hits-Record-High-in-August.amp.html?amp_gsa=1&amp_js_v=a9&usqp=mq331AQGsAEggAID

David_SpotTheTrend

Breaking out with strong volume.
A good opportunity to test my new trend confirmation script

avalirk

Energy has under performed this year. With the tensions on middle east, there is a bullish case for energy this year. It could reach as high as 99 before the end of this year.

briskem2000

possible distribution on the monthly chart