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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Comment by McBeanburgeron Feb 18, 2014 2:42pm
365 Views
Post# 22221290

RE:RE:just hit 52 week high

RE:RE:just hit 52 week highyes was looking at the TA today here's my thoughts off the weekly chart:

Mcbean's chart

it broke out of the upper trend but didn't hold it and at the sametime kissing the 200ma. so it tried but failed. need to see more time of the next couple of weeks to see how it deals with the failure. one would think that it will try again but needs to hold above the trendline line before going for the 200ma.

after that then its on to 50 cents...
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