Hello friends.
Our original XLE idea was the greatest short of all time. XLE collapsed.
Then we had an idea for the second-greatest short of all time. XLE collapsed.
Now, here we are with the third greatest short of all time. Is this time different?
Demand for energy is being demolished by increasing interest rates, and the price of natural gas has collapsed plus the price of crude oil is down badly. XLE doesn't seem to notice yet, but it may notice in the future.
Short entry: $84.25
Our original XLE idea was the greatest short of all time. XLE collapsed.
Then we had an idea for the second-greatest short of all time. XLE collapsed.
Now, here we are with the third greatest short of all time. Is this time different?
Demand for energy is being demolished by increasing interest rates, and the price of natural gas has collapsed plus the price of crude oil is down badly. XLE doesn't seem to notice yet, but it may notice in the future.
Short entry: $84.25
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.