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MarcoOlevano

#XLE broken above resistance and major volume shelf - more to go

Long
SPDR Select Sector Fund - Energy Select Sector (BATS:XLE)  
MarcoOlevano Updated   
BATS:XLE   SPDR Select Sector Fund - Energy Select Sector
Parallel Channel XLE Energy Commodities
2
0
parallelchannel xle energy
XLE ETF has broken above both a major resistance level (horizontal and channel) as well as a major volume shelf. In addition it's come off a divergent low which has propelled it higher. I think energy names have some legs here..
Comment:
Still back and filling but volume shelf holding well
"If you do what you love, you'll never work a day in your life" - Marc Anthony
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