XLE, energy ETF · sell signal, week 3
XLE: the decline advances with lower lows, trading not recommended
XLE, energy ETF · sell signal, week 3
In Summary
XLE, the US energy sector ETF, is in week 3 of a sell signal: the week just closed down 1.2%, and the decline keeps making lower lows. The energy sector remains in a weak phase, the setup quality indicator climbs to 82 out of 100, and our model flags trading as not recommended for a new short here.
IQS Phase
82
in tension / maturity
Signal Strength
17
decline starting to make lower lows
Sizing
MINIMUM
Ranking
#14 / 137
US stocks sell signals
Trade P&L %
+1.02%
from signal to today
restricted Platinum content