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Ziomus90

50EMA break $XLE, simple analysis

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
Ziomus90  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Moving Averages Trend Analysis XLE
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movingaverage trendanalysis xle
XLE looks to be entering a downtrend. If the 50EMA break holds, we should be heading towards the low 44s. RSI is in a downtrend as well. MACD crossing into the bearish territory.

This is a decent EFT to have in your LT portfolio with a ~5.5% dividend. Low 40s would be nice. Mid to high 30s would be great.
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