Oil and Gas ETF here that is looking like every other Oil and Gas chart right now and no different to $OXY which has not changed either.
$XOP is in a very long wedge here and moving up, down and around the 50 and 200 Day MA.
The price can continue through this wedge but ultimately a direction will need to be taken and I believe a breakout to the upside will be the direction next.
Halcyon
2024-02-12 21:58:55 +0000 UTC