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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (16704)9/8/2023 3:58:02 PM
From: Kirk ©  Read Replies (1) | Respond to of 26764
 
XLE Hourly chart

In the grand scheme of things, it does look like a "Continuation pattern" in this case.

It also suggests the March low after a 20% decline was a major low... but I'd like to see a better volume spike for better confirmation.
.
BTW, I paid $4.999 a gallon for unleaded 87 yesterday.... Thank-you Joe Biden (slowed supply growth) and Governor Newsom (raised the gas tax and did even more to kill local supply.)




To: Kirk © who wrote (16704)9/9/2023 9:51:40 AM
From: #Breeze3 Recommendations

Recommended By
Kirk ©
sixty2nds
toccodolce

  Respond to of 26764
 
XLE Wave Count Update. I labeled that H&S and it has a breakout obj. of 98.35. There is also a large triangle and it has a breakout obj of 110.30. Wave iii of (v) of (3) is in play and its obj. is 117.50.

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