On Sept. 1, 2015 we looked ahead on both XOM and the Energy sector in general (XLE). XOM went on to bottom at the projected support area, as did the sector at its support area. This is maybe the simplest NFTRH+ update ever. XOM is in something of a ‘W’ pattern. A rise above 88 measures to 94. We have noted that the sector never … Continue reading NFTRH+; XOM
For all you Energy sector sports fans out there, here is XOM near a big picture channel bottom by monthly chart. Unfortunately, Exxon Mobile has already Ex-div’d in August, but those bullish on energy (and I know you are out there) can consider ETF’s like XLE, which div’s quarterly. Also, there is the constellation of Canadian dividend paying energy companies like ERF, etc., which pay … Continue reading NFTRH+; Energy Sector, Big Picture Setup
