After a few false bottoms along the way, now may be the time to try an energy sector long for a snapback rally trade.
On the daily chart for the sector ETF, below, note the very high volume reversal on Wednesday to accompany the long-legged doji variation at the 200-day moving average. I would keep a stop-loss under $91.
ERX is the levered long instrument.
Also note the high buy volume upside reversal in crude oil itself.
Drop me your top tickers overnight.
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Fang Clr both bounced strong Wednesday.
Chess when do you Sleep?
$XLP looks pretty good. W/L $AGIO, $APD, $AGN, $CL, $STZ, $KMB, $PG, $PTCT