03/06/2012

Oh oh...XEG.TO

By Greg Schnell

Canada's energy sector ETF.

I posted this chart on Feb 18. This is a problem.

Xeg 20120306


This chart has not been able to break resistance.

Caution is advised as the $TSX tracks this chart pretty closely. Remember when the $TSX topped out in 2011? Same time this chart topped out.

Good Trading,

Greg Schnell CMT.

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