By Licia Leslie
February 26, 2025
Hi Shoppers,
Energy Transfer (Ticker: ET) may be sporting a dragonfly doji:
Of course we won’t know until this morning with the stock trading higher as our confirmation.
A dragonfly doji is found at the bottom of a downtrend and signals an end of that trend.
A rally will bring ET up to $19.89 and then $20.50.
Trade Review
The S&P 500 (Ticker: SPX) did exactly what I said it would do. It retested the old support/new resistance level and traded lower.
I think a close below $5930 could be the end of this bull market.
Thank You For Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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