XLE Roadmap March 2017

Visually appealing...inflationary blow off?

코멘트:

Looks ludicrous but given current fundamental perception but actually would represent also 38.2% retracement of the relative decline vs SPX since 2008

코멘트:

Solid showing in XLE, basing process

코멘트:

This could also form IHS. It does appear though that one needs some external shock to put some scarcity value on US energy in order to realise this optimistic scenario. Otherwise, 80/87 range