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Nov 25, 2022 6:08 PM

CL and XLE divergence - 11/25/2022 Long

NYMEX:CL1!65
Crude Oil FuturesNYMEX

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Why is there a divergence between CL and XLE?

XLE usually leads first. So does that mean CL going to catch back up after SPR depletes? Bullish on CL?
Trend AnalysisChart PatternsXLECrude Oil Futures WTI (CL1!)CL
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