ARTICLE SYNOPSIS...Will the Energy Select Sector undergo a bullish breakout or drop down to previous lows?
ARTICLE SYNOPSIS...The Energy Select Sector SPDR has formed a descending triangle. Can the upward breakout of the bearish pattern sustain, indicating a major trend reversal?
ARTICLE SYNOPSIS...Statistical analysis of the energy market sector shows that over the near term, this market should continue to move higher. However, a market correction or even a long-term downtrend reversal looms on the horizon.
ARTICLE SYNOPSIS...Due to the weak trend, the bullish rally of XLE gradually plunged below its major support levels. The range-bound movement of the sector index is likely to affect the breakout of Chesapeake Energy Corp.
ARTICLE SYNOPSIS...Can you develop a trading strategy out of a correlation pattern between two assets? Here we analyze the movement of the S&P 500 index with its various sectors to find out if any correlation patterns stand out
ARTICLE SYNOPSIS...Despite new highs in the energy sector, ExxonMobil remains well below its March high and shows poor relative strength.