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Fox_Technicals
Dec 4, 2023 10:14 PM

$XLE: 85 May Be A Short 

SPDR Select Sector Fund - Energy Select SectorArca

Description

XLE is seeing tremendous underperformance vs broader inflation products and growth equities and I believe that it may see lower prices soon. 85 seems to be a major point of contentious for the market and stocks like CVX, XOM and COP aren't doing bulls any favors. We'll see what this one has in store for us...

Comment

Great move, pyp
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