**** Long Canada Short US Oil Gas ETF ***

Intra-sector Energy Trade here
Canada Index Trading on a low relative to XLE US Energy Oil and Gas.
There is a strong Reversal potential here

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Trade is not behaving as expected, cautiously keeping for now but clearly a decisive break below 0.37 on the pair would invalidate the scenario.

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Unsuccessful trade in terms of timing although price action not a disaster, it seems that there other opportunities than this intra sector cross asset trade