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jmtbernardo

XLE (Energy Sector) Negative Divergence and Overbought

Short
SPDR Select Sector Fund - Energy Select Sector (BATS:XLE)  
jmtbernardo  
BATS:XLE   SPDR Select Sector Fund - Energy Select Sector
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Currently this ETF XLE has a strong negative divergence, and Stoch is indicating that the stock is overbought. Therefore, it is likely to continue to pull back. (Closed Loss) 78. 01 on 2013-03-04

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