Users: damicsjd: slopechart_XLE.jpg

slopechart_XLE.jpg

Could it be a failed bullish break-out, currently on the line? Looking for failure today to go short. Also, extremely overbought. Feb. 62 puts will be my play.

Image added via SlopeCharts
slopechart_XLE.jpg

Comments

commonchild2commonchild2
I played ahead of the trade instead of waiting like you are, which is probably what you should do. But I have a tight stop if it continues to go up. 1/20/22
RNeoRNeo
It's down Pre-Market! 1/20/22
damicsjddamicsjd
Today may be the day , we will open below trend line. I will enter if it looks like a close below is in the cards. 1/21/22
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