We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
Energy stocks keep shaping up into year end. After four years of consolidation, the trends under the surface are finally starting to show signs of life.
Here’s today’s standout:
The Energy Sector ETF $XLE is currently exhibiting a Squeeze Score of 95.1 and a slightly tighter Long-Term Score of 96.6.
Our leadership scans keep picking up on the Energy trend.
These stocks have been dead money for almost half a decade, but under the surface, there’s a change in nature taking place.
The US Energy ETF $XLE is shaping up in a big way, coiled to historic lows on the longest of timeframes.
The monthly momentum PPO is curling higher, signaling a buy signal is just over the horizon.
We’ve been early to this theme, buying exposure across all corners of the Energy complex.
A bullish resolution of this structural coil will automatically put us in “sell doubles mode”.
We think it’s close, and some of the leaders are already breaking out. Yesterday was our latest trade in this space.
