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CT10

XLE - Breakout of 7 Year Downtrend

Long
SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
CT10  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Trend Analysis
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trendanalysis
XLE topped in June 2014, and finally broke the down trend on 1/10/22. OPEC and US producers showing tremendous fiscal and drilling discipline (great for shareholders). Oil supply / demand imbalance will only grow more extreme as omicron wanes, and the global economy continues to reopen.

Best performing sector YTD :)
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