AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
1
Price make a solid broke out since late March, and ultimately form a H&S top which ultimately broke down to previous R/S line. Now price is going to re-test ~88.70 again, further rejection would mean freefall for energy sector.

Even if price broke out 88.70 again, 200ema is another resistance level .

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