Stocks, charts, risk management & coffee

 Everything oil related is breaking out.

USO breaking out.

Breakout on XLE.

OIH breaking out.

UGA may also make a new high.
Usually, when you see everything aligned like we do now, it is evidence that it is a real move rather than a fakeout. With that in mind, I’m adding an XLE position. Using $57 as a [...]

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§485 · October 15, 2009 · OIH, UGA, USO, XLE · View Comments ·