WEEKLY UPDATE as of the close of November 18
$XLE double top, is night coming?
Hello copiers and followers, here is my vision video below.
Where I see opportunities for next week:
Mainly in shorts in Energy $XLE$ERX$NRGU or its inverse ETF's $DRIP and shorts in the companies of the sector $OXY (Occidental Petroleum Corp), $XOM (Exxon-Mobil), $CVX (Chevron) and the smaller oil companies that can be found here on the platform
Caution, a capitulation event will wipe out all sectors, including defensive and inflation.
Remember: the holy grail of trading is to keep losses small
If you are going to copy me, do not put your stop loss very tight or you will stop copying me without realizing it... Show More