SPDR Select Sector Fund - Energy Select SectorArca
Description
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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.