186 days ago • Posted by Charles-Henry Monchau

The long/short of the century? XLK (Technology ETF) / XLE (Energy ETF) has started to turn

The move yesterday was huge. Is it the start of a long-term trend reversal. If it is the case, there is still a lot of room to go with the inversion of this trade (source: The Market Ear, Refinitiv)  

XLK (Technology ETF) / XLE (Energy ETF) chart