XLE Energy Sector (Daily). Potential Recovery Rally.

XLE Energy Sector (Daily)
Potential Recovery Rally.
Bullish reversal 15/10/2014. Heavy volume turn.
Uptrend, with higher lows.
Broke downtrend_line.
Clearing 50 sma resistance.
Broadening reverse Triangle.
RSI bullish.
Oil potential rebound. ( attached )
Potential Recovery Rally.
Bullish reversal 15/10/2014. Heavy volume turn.
Uptrend, with higher lows.
Broke downtrend_line.
Clearing 50 sma resistance.
Broadening reverse Triangle.
RSI bullish.
Oil potential rebound. ( attached )
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Related publications
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.