XEG – iShares S&P/TSX Capped Energy Index ETF

Hammer indicates a bottom on the weekly candlestick chart
XEG - iShares S&P/TSX Capped Energy Index ETF weekly candlestick chart showing a bullish engulfing pattern.  This may indicate a bottom.

XEG – iShares S&P/TSX Capped Energy Index ETF Weekly Chart

XEG – iShares S&P/TSX Capped Energy Index ETF

Reference my last chart analysis for XEG etf published April 4, 2014.

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Bullish Engulfing Pattern indicates a bottom on the daily candlestick chart
XEG - iShares S&P/TSX Capped Energy Index ETF candlestick chart showing a hammer.  this may indicate a bottom.  We will see.

XEG – iShares S&P/TSX Capped Energy Index ETF Daily Chart

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Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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