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Energy Select Sector SPDR Fund
Updated

XLE is a tough cookie - bearish trend & negative corr. to WTI

66
Watch for a bounce at the 100 day (which coincides with a major trendline and 0.618 retracement).
Note
Bullish enough?
sparrow_hawk_737
Trend Analysis

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Trend Analysis
sparrow_hawk_737

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.