Get started
HaseebKhan_90

Could $XLE be making a bear flag?

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)  
HaseebKhan_90  
AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
Trend Analysis Chart Patterns Flag Bearish Patterns Energy Commodities Bearish Flag bearflagpattern
6
5
trendanalysis chartpattern flagpattern bearish energy bearishflag bearflagpattern
A break and close below the ascending channel could mean that $XLE could be around $76.4 in the near future.

Some support areas to keep an eye on are $81.9 and $78.9.

One to keep an eye on!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.