Getting technical on XOP: A river of black gold runs through VWAP

Following up on this trade, Yahoo Finance's Jen Rogers and Jared Blikre break down the bullish case in the SPDR® S&P® Oil & Gas ETF (XOP), which tracks: California Resources Corp CRC Carrizo Oil & Gas Inc. CRZO Whiting Petroleum Corporation WLL HollyFrontier Corporation HFC Oasis Petroleum Inc. OAS Chesapeake Energy Corporation CHK SM Energy Company SM Marathon Oil Corporation MRO PBF Energy Inc. Class A PBF QEP Resources Inc. QEP Andeavor ANDV Delek US Holdings Inc DK Occidental Petroleum Corporation OXY Continental Resources Inc. CLR Hess Corporation HES Devon Energy Corporation DVN Valero Energy Corporation VLO Newfield Exploration Company NFX WPX Energy Inc. Class A WPX ConocoPhillips COP Murphy Oil Corporation MUR Phillips 66 PSX Anadarko Petroleum Corporation APC Apache Corporation APA EOG Resources Inc. EOG PDC Energy Inc PDCE Energen Corporation EGN Noble Energy Inc. NBL Pioneer Natural Resources Company PXD Parsley Energy Inc. Class A PE Marathon Petroleum Corporation MPC Callon Petroleum Company CPE Exxon Mobil Corporation XOM RSP Permian Inc. RSPP Chevron Corporation CVX Southwestern Energy Company SWN Cimarex Energy Co. XEC Diamondback Energy Inc. FANG Matador Resources Company MTDR EQT Corporation EQT Gulfport Energy Corporation GPOR Range Resources Corporation RRC Concho Resources Inc. CXO Antero Resources Corporation AR CNX Resources Corporation CNX Cabot Oil & Gas Corporation COG Denbury Resources Inc. DNR Centennial Resource Development Inc. Class A CDEV Laredo Petroleum Inc. LPI SRC Energy Inc SRCI Extraction Oil & Gas Inc. XOG CVR Energy Inc. CVI Kosmos Energy Ltd. KOS HighPoint Resources Corp. HPR Halcon Resources Corp HK Resolute Energy Corporation REN Jagged Peak Energy Inc. JAG Tellurian Inc. TELL World Fuel Services Corporation INT Green Plains Inc. GPRE Bonanza Creek Energy Inc BCEI Ultra Petroleum Corp. UPL Penn Virginia Corporation PVAC SandRidge Energy Inc. SD Ring Energy Inc. REI Renewable Energy Group Inc. REGI Talos Energy Inc. TALO Par Pacific Holdings Inc PARR REX American Resources Corporation REX