by Dave Aquino | May 24, 2019 | Video of the Day |
XLE is the S&P Select Energy SPDR ETF, and yesterday it broke support on a month long consolidation channel. I’d look for XLE to fall first to $60, then down to $58, and then just below $54, matching the December 26th low of last year. Recent Related...
by Thomas Wood | May 24, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/hwKQsrlyl1MToday we discuss a setup from this mornings Futures Live Trading Room at Base Camp Trading. It was a bearish divergence on the 30 minute S&P (ES) chart for a nice quick spike lower. Divergences occur when we have momentum and price...