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Support

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Support

Xle 2022 08 11 15 29 42

XLE ENERGY ETFS Finding evidence of wave termination ((2).
Therefore, support point 70.59 supports the rise in the near term.

Xle 2022 08 13 20 48 42

In the daily range, we expect more upside in wave 5, which targets 132.97 (the inverse 2.00 of wave 4), critical support at 65.48

Xle 2022 08 13 20 48 03

As we mentioned in the weekly range, we expect more upside in wave ((5)), comes here in the weekly range we expect a new high in wave 5 of (3), next key level comes at 101.52, critical support remains at 22.88

Xle 2022 08 13 20 47 49

Looking for more upside acceleration in wave ((5)), critical support at 22.88