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With the /ES at the highest point in human history at this very moment, it may seem odd to dare point out any sector that is potentially bearish, but – – – that’s what I’m here for. May I direct your attention to the oil and gas sector, by way of the XOI index.(Click on image to enlarge)
I have just purchased June $150 puts on , shown below. My stop loss is at 150.41, which is the level of that red dashed horizontal line I’ve drawn.(Click on image to enlarge)
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Energy Bear
