Energy is going strong, long term trend is set with $XLE outperforming the benchmark index despite market volatility and rates breaking out higher last week.
$XLE/$SPY made a classic Wycoff pattern then shot up higher this year. If history is a guide, this trend is the beginning of at least a decade long uptrend.
$XLE/$SPY made a classic Wycoff pattern then shot up higher this year. If history is a guide, this trend is the beginning of at least a decade long uptrend.