Loading ...This is a chart of the XOP…the oil explorer ETF…it is a picture book perfect Inverted Head & Shoulders, with volume confirmation…..left shoulder increasing into the head where it peaks and then declines into the right…..thatb projects way up…if so the majors should follow as well…..If Trump is successful the economies will take off and the demand for energy goes way up, well before new fields can be opened, so oil should stay strong and oil Co earning as well
This the majors..more distorted..but still there