SXY 0.00% $4.60 senex energy limited

afr article re senex p34, page-16

  1. 26,807 Posts.
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    Today's chart, looking set. 84c is now shaping up as a bit of resistance before 88c can be assaulted, but slowly north suits me. No idea why anyone was suggesting other resistance levels 80-83c without any kind of supporting chart, maybe just looking at the sell orders on that SXY rack? But simply false.



    As I've posted in last few months on DLS and BPT, I now see SXY breaching these resistance levels and breaking out above the trading range, which is ascending at a moderate angle. I expect a sharper inclination on the breach of 88c.
 
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