Trend Trading: Oil and Gas Exploration and Production ETF

The Oil and Gas Exploration and Production ETF (XOP), continuing Bullish, or, Long. On relative strength basis, over a 200 day moving average, the (XOP) ETF is trading 28% above the S&P 500 Index ETF (SPY). ..as indicated by the lower indicator in the stock chart below.

SPDR Oil and Gas Exploration and Production ETF (XOP)

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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