XLE Break: IAFT

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FINALLY. Jesus! OK:

xleintrad

Now that I’ve endured fifty-seven years of waiting for this goddamned thing to fail support, we can seriously have an eye toward what I’ve long declared as the natural target price at the price gap.

xletgt

Here is the longer-term view, illustrating the clear points of support and resistance.

slopechart XLE

With my energy puts finally starting to get into gear, I can breathe a sigh of relief that I don’t have to depend upon American Express’s generous offer for my financial security and peace of mind.

amexof