This is a follow up from my April post. (see link below if interested). The target I had has been hit. We had a reversal candle today so far. So check after the close. The low recently touched but did not go below the level "a or 1"(754) . If it does near term it would likely indicate that all this the up action is a correction. If it does not and price goes above the current near term downtrend line then likely we have more up action ahead. I trade this with the XLE ETF. I went long today. Personally I will use a close below 754 as my stop. Process your way.
トレード終了: ストップロスに到達
XOI closed at 752 today. Would not be surprised to see more down side ahead.