Commodities Countdown

Oil And Gas Stocks Soar Pushing XLE To 52 Week Highs

Greg Schnell

Greg Schnell

Chief Technical Analyst, Osprey Strategic

The Energy Sector SPDR (XLE) has been trying to breakout for the last few weeks. Even as Crude Oil and Natural Gas pulled back, the XLE held firm. Today it is breaking out!

I have my regularly scheduled webinar today at 5 PM EDT for those interested in finding opportunities in the energy space. Commodities Countdown 2016-09-08.

Don't forget about ChartCon 2016! It's only 2 weeks away!

This month, Chartcon 2016 is coming to you via live stream broadcast! Rather than have customers spend all the money to travel to the event, we have arranged for all the technicians to gather in one location and broadcast from there, saving you thousands of dollars. It should be a fantastic couple of days with a tight synopsis of the markets from an award winning Technical Analyst crew. You can register for this event for under $200 and have access to the recordings. Chartcon 2016.

Next, I will be presenting in person at Golden Gate University in September if you are in the area.

September 20th, 2016 @ 4 PM
Golden Gate University. Rm 3214
536 Mission Street
San Francisco, 94104
Cost: Registration is $10 for MTA members and $20 for non-members

You can register through the TSAA-SF website. Click here.

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Good trading,
Greg Schnell, CMT, MFTA

Greg Schnell
About the author: , CMT, MFTA is Chief Technical Analyst at Osprey Strategic specializing in intermarket and commodities analysis. He is also the co-author of Stock Charts For Dummies (Wiley, 2018). Based in Calgary, Greg is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the CMT Association and the International Federation of Technical Analysts (IFTA). Learn More