More downside for energy?

Now the first thing you have to understand is that these trade based on crude. So if crude is strong, don't expect to make much money shorting these. Crude can remain strong if the indexes are strong.

HES

Looks like there is more room down. Hitting resistance at the 20 and 50 DMA.

ARD

Interesting price right now. If it holds below previous high, this can go down to 35 in no time. This should be a very easily managed trade.

APA

Further downside after consolidation? Wish I was looking at this 2 days ago, would have been much easier to manage.

DVN

Didn't I just see this chart?

OXY

Trades inline with oil.