The oil sector is starting to move up again, USO, UNG, XOM and XLE are all showing strong upward movement, the latter of which showing the best bang for option buck going out to December as well as the cleanest EW pattern: XLE 2-Day I placed a blue up arrow at today's break above the most recent consolidation leg. It should be all clear for a move up into the two indicate Fibonacci extension target zones, the mid $70's into the mid $80's. XLE could run into the triple digits first quarter, 2027. For now however, the bet is on completion of five waves up from April, 2026. XLE Weekly XLE Dec $65 Call Risk the usual -50%; potential gain is 200%+ We bought these same calls on Sep 18th in Premium Service:
