XOP just recent became oversold (30 level on the RSI) on the 60-minute time frame but is far from oversold on the daily time frame, having just fallen to the 50 mid-point level today. While the previous drops to the 30 level on the 60-minute RSI did contain pullbacks in XOP during the last several drops to those oversold reading, the sector was also in a confirmed uptrend during each of those 30 readings.
Typically, when the intermediate-term trend is bullish (or bearish) as it was over the last few months in XOP, oversold (overbought) readings on the 60-minute time frame often accompany tradable bottoms (tops) but when the intermediate-term trend is bearish, prices often tend to become more oversold or stay oversold for an extended period of time after the initial tag of 30 (vice versa when the trend is bullish and the RSI hits 70).
Given, I am only speculating that the intermediate-term trend has just recently turned bearish based on my interpretation of the charts as it is still much too early for any intermediate-term trend indicators to have flipped from bullish to bearish. With that being said, I just wanted to point out the fact that at this time, I think any bounce off this initial tag of 30 on the 60-minute RSI will be relative minor in scope & duration, if XOP even bounces at all.

@ retireat60 -The ability to pan & zoom once the charts were expanded used to be available & I’m hoping to have it restored soon but for now, they can only be expand to the original size that I’ve saved them in (unless you can zoom further with your PC).

@retireat60 – Were you trying to click on the reduced size chart image that showed along with the excerpt for this post within the trading room? If so, the thumbnail image that shows up in the trading room when a new front page post is made does not expand but you can click on the title of the post which will open the front page post along with the expandable charts.

If you were clicking on any of the 3 charts while viewing the post, they should expand to full size. Could you try once more, maybe in another browser or after refreshing the page. They opened fine for me. Let me know if that doesn’t work & I will troubleshoot it for you.